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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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10