TULSA, Okla. - (01/02/06) The wildfires that have streaked acrossportions of Oklahoma and Texas so far havent touched any ofthe credit unions in those areas, according to the Oklahoma CULeague and the Texas CU League. We do have credit unions inthose areas, but we dont know of any that have beenaffected, the OCUL said. We have not heard of anycredit unions that have been affected or any credit union membersor employees who have lost homes, said Allison Castle,TCULs communications director for advocacy. Most ofthese fires are in very rural areas and not really near any creditunion facilities. But with more warm, dry weather expectedover the next few days, more fires could crop up, so the entireregion is on alert. Fireworks on New Years Eve arepretty common, especially in rural areas, but most areas aredeclaring burn bans, which would include fireworks because Texas isjust like tinder right now, Castle noted. The mediahas really done a good job of reporting on this situation, sopeople should be aware of the ban.
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Banesco USA in Miami is among the banks that are eyeing the government-guaranteed lending program as a source of growth.
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The House Financial Services Committee unanimously passed bills that would give the Federal Deposit Insurance Corp. more options in resolving failed banks, including by waiving the "least-cost resolution" requirement in some circumstances.
December 17 -
The Treasury official renewed a pledge to avoid hurting how mortgages trade in a Fox Business News interview as a new study highlighted one way to do that.
December 17 -
A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the Trump administration planned to gut the agency through mass firings.
December 17 -
Daryl Byrd, who led Iberiabank until it was acquired by First Horizon, has assembled an investor group to acquire MC Bancshares and its subsidiary, MC Bank & Trust Co. in Morgan City, Louisiana. Byrd will become CEO.
December 17 -
Nine banks and lenders were impacted by the yearslong, $923 million fraud enterprise, according to an indictment of top Tricolor executives. The banks were not publicly named, but JPMorganChase, Fifth Third, Barclays, Louisiana-based Origin Bancorp and Texas-based Triumph Financial have said they would take write-downs.
December 17





