TEXAS CITY, Texas - (11/02/04) -- Amoco FCU said it has honored itslong-time president and CEO George Ballis by naming its officeshere after him. Ballis, who originally worked for the creditunion's sponsor, Amoco Chemical and Amoco Oil Refinery, spent morethan 40 years at the credit union, becoming assistant manager in1965, then CEO in 1973. He oversaw the growth of the institutionfrom 4,000 members when he took over, to more than 40,000 membersand $350 million in assets when he retired in 1998.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3 -
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
July 3