MILWAUKEE - (07/06/06) Landmark CU has joined nearbyWaukesha State Bank and state agencies in a special programproviding low loan rates for low-income carbuyers. Applicantsqualified for the Ways to Work program can borrow upto $4,000 to buy a used car at around 8% over 24 months. Stateagencies will connect the carbuyers with the lenders, while thelenders will originate the loans and collect payments. Landmarkbegan offering the loans in April and has made 19 so far. At least25 states have some kind of version of the Ways to Workprogram.
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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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The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
July 3