TALLAHASSEE, Fla. - (09/14/04) -- With the powerful Hurricane Ivanrapidly approaching the state, the Florida CU League said it hascollected almost $140,000 from credit union officials and employeesfor its Hurricane Relief Fund. The fund has made 82 grants of $500each to credit union volunteers and employees who suffered damagesduring the major storms of the past two weeks, hurricanes Charleyand Frances. League officials are also reminding all credit unionsto the west of this state's capital, where the latest storm isexpected to hit, of its emergency communications system, which hasbeen getting a workout in the past month as the two earlierhurricanes, struck different parts of the state.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
December 12 -
Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
December 12 -
In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
December 12 -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
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The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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