LIVONIA, Mich. - (12/06/05) -- From new homes to first cars tocollege educations; credit unions have long been in the business offinancing a dream come true. But Co-op Services CU is toutinganother kind of a dream it helped fulfill: the development andproduction of a professional-quality Country music CD one of theirmember's daughter needed to gain an audition at a productionstudio. So longtime Co-op Services member James Dodd tapped intohis Gold Line of credit to finance the 'thousands of dollars' heneeded to make his daughter's dream come true. The credit unionloan enabled Gayle Dodd, who goes by the stage name 'Roxy,' to geta professional CD produced. The CD called 'Walking Disaster,'features 10 songs written by Gayle and is now on sale at localmusic stores. The credit union is so impressed they have invited'Roxy' to sing at their annual meeting next March.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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