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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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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