PORTSMOUTH, N.H. - (06/05/06) Service CU President GordonSimmons presented a check of $125,000 to Gov. John Lynch Friday forthe New Hampshire Disaster Relief Fund to provide emergencyassistance to families affected by last months massiveflooding in the state. The donation was part of a local telethonaimed at raising relief funding. The $1 billion credit union isalso offering low-interest flood assistance loans of up to $40,000for homeowners at 4.9%.
Emerging forms of artificial intelligence are moving so fast, traditional IT training isn't an easy fit. New research from American Banker shows how banks are handling training.
Federal Reserve Vice Chair Philip Jefferson said in a speech Tuesday that despite positive employment readings in recent months, he remains concerned that an economic shock could still threaten the labor market.
Santander U.S. and Webster Financial are doing integration work in advance of their pending merger, including naming business-line leaders, the banks said in separate notes.
The FDIC board voted unanimously to issue a proposal putting a rebuttable ban on bank-issuers paying yield on stablecoins, another narrowing AML requirements and a third prohibiting examiners using reputational risk in exams, outside of operational or financial risks.
The neobank is rolling out Chime Prime, a new membership service that rewards customers for making Chime their primary bank account.
The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.
