WEST JORDAN, Utah - (03/06/06) -- Mountain America CU is holding aquarterly drawing for an Apple iPod to encourage teens toparticipate in its Mountain Adventurer Account program. The accountis designed for teenagers who are learning how to manage theirmoney. Besides the quarterly drawings, the account gives teens theopportunity to open their own checking account and get a debit card(with a parent or guardian co-signer), and qualifies them for theMountain Climber Term Deposit. The credit union rolled out itsMountain Adventurer Account, Mountain Climber Term Deposit, and theMountain Explorer Account (for kids 12 and under) inOctober.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
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