ORLANDO, Fla. - (04/01/05) More than 140 credit union executiveswere on hand yesterday when The Credit Union Journal kicked off itsSEG & Business Development Conference here. Discussion was farranging, but a number of presenters emphasized that they werecontinuing to place an emphasis on select employee groups (SEGs)even after moving to a community charter. In the case of TravisCredit Union in California, Steve Langley, VP-sales and service,said it now refers to the groups as PEGs: Partner Employer Groups.A lot of credit unions think were going community,sowe can forget about our SEGs, and thats going to begreat, said Gary Lanier, senior VP, sales and memberservices with Eastern Financial Florida CU. You cantforget about your SEGs.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
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State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
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