LANCASTER, S.C. - (10/12/04) -- Founders FCU said had donated$65,000 to Tree Tops, an overnight camp for underprivileged, abusedand at-risk children. The funds will donated in equal in each ofthe next five years. Funds will help to provide a new main lodge,camper cabins, an adventure pavilion, an outdoor chapel and camperscholarships.
Capital One must reengage in settlement talks with lawyers for savings-account holders after a judge found that an agreement between the two sides wouldn't provide adequate compensation to customers who were allegedly victimized by the bank.
Eric Girard, who became the bank's head of embedded banking and co-head of commercial product in October, is aiming to make the technology more accessible.
The Consumer Financial Protection Bureau ended a consent order earlier than expected against the credit bureau TransUnion, saying the company already paid a $5 million fine and $3 million to consumers.
The banks want the pay-by-bank provider to use application programming interfaces to protect consumers, they say.
Federal Reserve Vice Chair Philip Jefferson said that as interest rates have moved toward a more neutral level, "it makes sense" now to proceed with caution.
The volume of home equity lines of credit expanded for the 14th consecutive quarter, driven largely by fintechs and other nonbanks that are accounting for more and more of the business.
