TALLAHASSEE, Fla. - (08/19/04) The Florida Credit Union League isestimating that as many as 500 Florida CU employees and volunteersmay have been personally affected by Hurricane Charley, and issetting up a relief fund to help. The league, basing its estimateson two days of fact-finding calls to credit unions, said that whilecredit unions for the most part escaped significant damage, thesame cant be said for the homes of many employees andvolunteers. Martin FCU in Orlando reported that 50 of itsemployees homes have minor to moderate damage, while SpaceCoast Credit Union said that 20 of its employees had minor damageto their homes. With the Florida Credit Union Foundation, theleague has created the Hurricane Charley Credit Union Relief Fund.Wire transfers can be made by contacting Brandi McGahee at theleague at 800-342-1266, ext 1114. Checks can be sent to mail toP.O. Box 3108, Tallahassee, FL 32315-3108.
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The Bureau of Labor Statistics released its latest Consumer Price Index reading Friday morning, showing inflation rose by 0.3% in September, slightly below August's pace. The report also found core inflation steady at 3.0%, even as shelter costs eased and gasoline prices spiked.
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BNY's Carolyn Weinberg believes blockchain technology could be the key to an always-on operating system for the New York-based custody bank.
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