BATON ROUGE, La. - (09/08/05) While the city of New Orleans is stillbeing evacuated, a number of surrounding parishes have allowedresidents in to assess the damage to their homes and collect someof their belongings, according to Louisiana CU League's AliciaBlanda, who was happy to report that her own home in JeffersonParish had suffered only minor damage. We were incrediblylucky, she told The Credit Union Journal. We havesome water damage from a window that blew out, but we had no floodwaters in the house because we're located on the west bank of the[Mississippi] river. Blanda said she was thrilled to be ableto check out her house but was unable to assess the damage in anyof the neighboring parishes. The National Guard has the arealocked down neighborhood by neighborhood, so all you can do is getin to your own home and get right back out, she related.I'm so glad the National Guard is here. You're able to getin to your house until 6 p.m., and then you have to get out.Technically, you could choose to stay, but if you do, you're toldyou are on your own, no 911 service, nothing.
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Capital One, PNC, Truist and, U.S. Bancorp are urging regulators to cut duplicative calculations and align U.S. rules with global standards, a longstanding preference for banks but one that will likely find a warm reception from a deregulation-focused Trump administration.
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In an environment of persistent economic unease, banks have a unique opportunity to help small businesses, Sekou Kaalund, U.S. Bank's head of branch and small business banking, said at American Banker's 2025 Small Business Banking conference.
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The New York-based bank, which works with many Democratic campaigns, faces investor concerns that it might be targeted by the Trump administration. CEO Priscilla Sims Brown says the bank's "strong profitability" is its best shield from political threats.
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The Ohio bank is working with Alloy Partners to build startups in fintech, payments and wealth management even as it acquires multiple banks this year.
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Huntington's $7.4 billion acquisition of Cadence would give the Ohio-based bank a top-five market share in both Dallas and Houston. It comes just a week after Huntington closed its last Texas acquisition.
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In an expanded partnership announced Monday, the card network and payment fintech will enable hundreds of millions of consumers and tens of millions of merchants to use new forms of artificial intelligence for shopping and payments.
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