The idea of using gasoline as a promotional tool is growing as the price of gas rises. The $83-million Fiberglas Credit Union here has rolled out a promotion in conjunction with Englefield Oil/ Duke and Duchess that offers $100 in free gas to any member who finances their vehicle through the credit union. Fiberglas FCU already partners with Duke and Duchess by offering members no surcharge ATMs at 54 Duke and Duchess Shoppes in the state of Ohio through the Halo Network.
A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
