KEY WEST, Fla. - (10/27/05) -- To help in the relief of HurricaneWilma, Keys FCU announced Wednesday it has waived all foreign ATMfees for those who evacuated and who had to get cash. In addition,it is offering a special $5,000, 5%, fast-approval signature loan,said it is fast-tracking loan requests (such as home equity forhome repairs), offering skip-payment options and extending therenewal grace period on certificate renewals. Two of KFCU'sbranches have re-opened and all are to be operational by Friday,even as many credit unions across Florida remain shuttered due tothe widespread power outages.
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SEO Steve Squeri told analysts its Platinum card upgrade has gotten off to a strong start, and added he's not noticing signs of consumer weakness due to recent political battles.
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The Cincinnati, Ohio-based bank delivered third quarter earnings that mostly met expectations, even as it took a $200 million blow to credit.
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The Charlotte, North Carolina-based bank reported net income of $1.45 billion for the third quarter and earnings per share of $1.04, which beat analysts' forecast of $0.99 per share.
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Earlier in the day, Fed Gov. Stephen Miran chastised the Fed for wading into politics under the Biden administration, as he currently takes unpaid leave from President Donald Trump's top advisory council.
October 16 -
CEO Chris Gorman applauded what he sees as a transformation of bank regulation since President Trump took office. He described a shift from layers of exams and documentation to a streamlined focus on liquidity, capital and earnings.
October 16 -
Zions Bancorp. is among the latest banks to report material losses due to alleged borrower fraud. Stocks of regional lenders plunged on Thursday.
October 16