GATE CITY, Tenn. - (12/02/05) -- Eastman CU announced Thursday it hasdonated $50,000 to the Daniel Boone Wilderness Trail Associationfor the construction of the Blockhouse Interpretative Center atNatural Tunnel State Park. The center will showcase 1775 eraexhibits and feature an audiovisual seminar area and a gift shop.The original blockhouse, which was built near the North Fork of theHolston River by Capt. John Anderson, has been reconstructed at thesite. The historic association plans to hold special events at theblockhouse throughout the year.
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Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to servicemembers who were illegally charged surprise overdraft fees when their accounts had sufficient funds.
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After passing the Federal Reserve's stress tests with high marks, large banks announced dividend increases. In some cases, they also said the Fed had conceded that certain prior calculations needed to be revised.
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A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
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The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
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In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
July 1 - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
July 1