DULUTH, Ga. - (05/27/05) -- Georgia FCU said it has signed withIdentity Theft 911 to make the company's broad range of identitytheft tools available to its members. The service, which has beengrowing in popularity among credit unions, will provide members apersonal advocate to help resolve identity thefts. It will alsoprovide systematic notification of agencies, businesses andinstitutions of a theft; a file creation for insurance and policerecords; credit reports from the three credit bureaus; one year ofcredit monitoring and fraud monitoring; a year of follow-up alerts,phone calls and status checks to avoid recurrence. In addition, aconsumer education component will give all members with ongoingemailed fraud alerts, a monthly newsletter, and a dedicated websitewith articles and other information of identity theft.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17