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.
-
Two former members of the Federal Open Market Committee said in interviews that they expect the Federal Reserve to keep rates steady amid uncertainty over the ongoing war with Iran and the resulting upward pressure on inflation.
March 27 -
Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
March 27 -
Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.
March 27 -
The Federal Deposit Insurance Corp.'s Office of Inspector General said in a Thursday report that staffing cuts over the past year could strain supervision and the agency's response to a crisis.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
American Banker data finds that regulatory clarity is the top ask from executives holding back on adoption planning.
March 27











