MIRAMAR, Fla. - (05/04/06) -- There was a sturdy new participantin Eastern Financial Florida CUs second annual 'Swing forthe Kids' golf tournament--and more than a few embarrassed putters.That's the 118 golfers out of 130 beaten in the putting contest bythe 'Iron Tiger,' a robot created by students at nearby Blanche ElyHigh School. The robotic putter was named for the high school'smascot, and not the famous golfer. The event raised $58,000 onbehalf of His House in Opa-Locka and The Haven in Boca Raton, bothchildren's organizations.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
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The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
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The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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