CHARLESTON, S.C. - (02/21/05) -- South Carolina FCU helped one familyhere build its dream homeliterally. The credit unioncontributed $5,000 to ABC News 4's 'Extreme Home Makeover' project,the local version of the national hit television show that selectsthe rundown house of one deserving family, then remodels the home.The credit union's contribution was put toward everything from woodand home accessories for the house to lunch for the crew andvolunteers. Credit union members James and Selena Hamm wereselected because Selena is battling multiple sclerosis and isconfined to a wheelchair. The renovations helped make the home morewheelchair accessible.
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The Minneapolis-based company has promoted Kedia to president, a role that CEO Andy Cecere and his predecessor both held before being named to the top job.
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The Consumer Financial Protection Bureau's overdraft proposal would set fees at $14. With fee income under attack from many sides, bankers say they would have to further restrict credit.
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In a surprise move, the Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and Federal Housing Finance Agency proposed a long-awaited rule to curb certain incentive-based pay arrangements for bank executives.
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The $1.1 billion-asset Vibrant is working with the San Francisco-based distributed ledger development firm Metallicus through its Metal Blockchain Banking Innovation Program to examine use cases.
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Forty companies made the 2024 edition of American Banker's annual list of enviable workplace cultures in the financial technology space. Here is a look at some of what makes these firms employers of choice.
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Incumbents face the challenge of updating their infrastructure for digital payments, while newcomers are pushing to compete by using artificial intelligence, cloud hosting and other technologies.
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