MIRAMAR, Fla. - (08/17/04) The $1.8-billion Eastern FinancialFlorida Credit Union has created a special fund for victims ofHurricane Charley. The credit union, headquartered in southeastFlorida and spared from the storm, has six branches in the Tampaarea. It is accepting monetary donations to the Red Cross throughany of its 18 branches. Members can also request a transfer fromtheir account into special fund. Team Council, a group of EasternFinancial employee leaders who raise money year round for variouscommunity projects is preparing an employee-based initiative toprovide ongoing support for Charley victims after news headlinesturn to other issues, the credit union said.
-
As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3