FAIRFAX, Va. - (11/10/04) With the holiday season approaching,credit unions are being offered a new way to break through all thecard clutter. While many credit unions invest in cards and sendgreetings to SEG contacts, community leaders, members and others,those cards are often lost in the multitude of cards sent duringthe holidays, notes the company offering the fresh option.No more will you have to order generic holiday cards thatsimply water down your brand, said Paul Lucas, a formercredit union marketer and well-known marketing and brandingconsultant who works with credit unions. The fact isconsumer brand awareness is at its highest during the holidays andbuilding your brand awareness during this time is a very smartmarketing and communications choice. Lucas is partnering inthe effort at www.cuholidaycards.com with David Ostroff, a graphicdesigner who works with numerous credit unions. The company said itis offering an option to not be billed for the cards until2005.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said Thursday morning that the central bank recently finalized a new organizational structure for its supervision and regulation division.
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The largest U.S. bank by assets named two co-presidents as part of its latest executive management changes. Marianne Lake, who was widely viewed as a contender to succeed CEO Jamie Dimon, will retire from the company.
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The Bureau of Economic Analysis' personal consumption expenditures inflation report for May showed that inflation had risen 4.1%, meeting elevated expectations and casting further doubt on the prospects of near-term interest rate cuts from the Federal Reserve.
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The company, formerly known as LendingClub, moved from NYSE to Nasdaq as it officially launched its new name as a full-fledged digital bank.
6h ago -
Critics of the OCC's broad preemption stance say the OCC is resurrecting an approach Congress curtailed after the financial crisis, setting up another Supreme Court test over the balance between federal banking powers and state consumer protections.
7h ago -
There's broad support for the effort to reduce costs and processes, but the Appraisal Institute warns about reducing property valuation quality control checks.
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