POCATELLO, Idaho - (08/25/04) -- Potelco CU said it contributed$6,500 to support Portneuf Medical Center's Newborn Intensive CareUnit Reunion and to purchase a specially designed bed, known as anisolette, for the newborn unit. The isolette is a dome-shaped bedwith a temperature-controlled interior used for sick or prematurebabies who are unable to maintain adequate body temperature. Aportion of the funds was used to help sponsor last week's reunionevent for children who spent time in the unit asnewborns.
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The company's software automates much of the process of getting money transmitter, lending and other types of licenses.
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The company is leveraging its bank charter and strong customer acquisition, with app logins up nearly 50% from borrowers.
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The Dallas-based regional bank's return on average assets exceeded its goal of 1.1% for the first time, coming in at 1.3% for the third quarter. The bank has been in transformation mode since 2021.
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U.S. regulators have reached a rock-bottom settlement deal with a former Wells executive accused of wrongdoing in the phony-accounts scandal. The OCC had sought to recover $10 million from Claudia Russ Anderson, a onetime risk executive at the bank.
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Fraser will succeed John Dugan, who's been Citi's chair for six years. The megabank also granted Fraser a one-time award of $25 million in restricted stock units, and more than 1 million stock options.
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In addition, John Roscoe and Brandon Hamara have been appointed co-presidents at the government-sponsored enterprise, effective immediately.
October 22