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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Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
6h ago -
The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
7h ago -
The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
10h ago -
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
April 25 -
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
April 25 -
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
April 25