TUKWILA, Wash. - (10/11/04) -- Boeing Employees CU said it added20,000 new members over the past year through a direct mailmembership campaign. The credit union has used monthly mailingstotaling 2.1 million pieces to attract new members through itsexpress branches at 24 Safeway supermarkets. The direct mailcampaign cost about $300,000.
Senate Banking Committee Chair Tim Scott, R-S.C., said Tuesday that he expects the committee to work out a compromise between banks and crypto firms on yield-like rewards — a major sticking point in a market structure bill — by Friday.
Federal Deposit Insurance Corp. Chair Travis Hill said in remarks Wednesday that privacy and know-your-customer gaps remain for banks that work with public, permissionless blockchains, and that the agency may need to clarify how banks can interact with them.
Banks that don't offer buy now/pay later risk pushing customers — especially younger ones — into fintechs' arms.
Realtors and loan officers are wary of using artificial intelligence in place of a real estate agent, after a homeowner claimed to realize meaningful savings.
The former Rocket employee said she faced pressure to resign after requesting remote-work accommodations and leaves of absence to deal with health conditions.
Over the course of its first year in office, the second Trump administration has neutralized the enforcement of key civil rights laws by reorienting Consumer Financial Protection Bureau rules and eliminating "disparate impact" that allows banks to be penalized for the discriminatory effects of policies without proving discriminatory intent.
