COLORADO SPRINGS - (09/02/05) -- Ent, the state's largest creditunion which dropped 'federal credit union' from its name this week,is offering cash to new members in its latest recruitment campaign.The $2-billion credit union said members who convince others tojoin will qualify for a grand prize drawing for a new iPod Mini ordigital camera and will qualify the new member for a cash award.Members who open a new checking account will have their $5membership fee waived and will have their new savings accountfunded with a $35 balance.
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Leading Democrats on the Senate Banking Committee sent a letter to Chair Tim Scott, R-S.C., pointing out the as-yet unsatisfied legal requirement for prudential regulators to appear in Congress semiannually.
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Treasury Secretary Bessent said FSOC is readjusting its approach to avoid stifling growth in moves with implications for capital, technology and mortgages.
December 11 -
The Federal Reserve Board of Governors voted Wednesday to reappoint 11 sitting regional Fed presidents, without any dissents. The move precludes any effort the White House might have made to pressure the board to deny reappointments.
December 11 -
Enova International, a nonbank lender in Chicago, plans to gain scale by taking over Grasshopper Bank's national bank charter. The deal already faces skepticism from critics of Enova's high-cost lending model.
December 11 -
The payments fintech reported an $8 billion valuation as it aims to establish a second global headquarters in Silicon Valley and expand into Europe and the U.K.
December 11 -
A Consumer Financial Protection Bureau report on Pay in 4 buy now/pay later loans offered validation for an industry that has faced criticism for expanding into everyday spending, such as food delivery.
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