ANAHEIM, Calif. - (10/26/05) -- The California and Nevada CU Leaguesare holding their annual conventions at Disneyland this year. MattDavidson, the California leagues executive vice president,opened Tuesdays morning general session by pointing out whathe said were the commonalities between DaveChatfield, the retiring president and CEO of the tradeassociations, and the theme park, which is celebrating its 50thanniversary in 2005. Dave Chatfield has been around a longtime. Hes kind of a Frontierland kind of guy, saidDavidson. Though, some of his moves have left us wonderingif he is in Fantasyland. On a more serious note, Davidsonsaid the David L. Chatfield International Training Fund willreceive a large donation from the leagues.
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Roughly 680 customers were affected, none in the U.S. But the control that failed at Revolut is the legal intake queue every American bank runs.
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The Federal Reserve's top regulator has the early returns from the report she commissioned on the 2023 bank failure and said it supports her call for new reporting practices among Fed supervisors.
September 18 -
The "near-prime" lending fintech Avant is seeking to become a full-service bank by filing for a national de novo bank charter with federal regulators.
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The commerce company has made major inroads into embedded finance, a strategy that could get a boost from partnering with the social media giant's new AI agent.
September 18 -
Citadel Credit Union recently closed a $50 million loan on a Philadelphia office tower. It's part of a trend, as credit unions build their commercial real estate lending businesses.
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State Street promotes Ann Fogarty to chief operating officer and names Mostapha Tahiri president of State Street Alpha; Florida's Portrait Bank expects to open for business on Saturday; Texas Capital Bancshares is on the lookout for a new chief risk officer following the departure of David Oman; and more in this week's banking news roundup.
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