CALUMET CITY, Ill.-Illiana Financial CU has selected Jim Henmueller as its new president and CEO. Henmueller will replace Walter Kopacz, who is retiring after 32 years of service in the credit union movement. Henmueller has nearly 25 years of senior executive management experience in the credit union industry including serving as President/CEO of Chief Financial FCU, Pontiac, Mich., and CEO of International UAW Federal Credit Union in Detroit.
I don't go in much for 9/11 retrospectives. I've never seen any documentaries about it, never seen any movies about it, never read any books. I don't need to. I saw the event itself.
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
Less than half the information banks share under the program relates to money laundering or terrorist financing, by Fincen's own count. Most is fraud.
New York's Arrow Financial and Pennsylvania's First Commonwealth Financial were seeing their insurance revenue grow before they announced agency purchases this week. Prior to 2025, banks were shedding their insurance agencies.
The AI company has debuted ChatGPT for Financial Services, an enterprise tool that may threaten the role of junior analysts at investment banks.
The USA Patriot Act passed on an overwhelming bipartisan basis in the wake of the 9/11 attacks, overhauling banks' involvement in anti-money-laundering efforts.
