BURBANK, Calif. - (11/08/02) -- Lockheed FCU said it has contractedwith the Symitar Systems unit of Jack Henry & Associates toconvert to Symitar's Episys data processing system. Fullimplementation of the new system is slated for September2003.
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The AI and cybersecurity-focused startups completed the vetted proof-of-concept program to prepare for their next level of growth.
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Bill Martin, a real estate developer and athletics executive who founded the community bank in 1996, said he considers the privately held institution to be "like one of my kids."
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The megabank announced it would invest $16 million to grow its footprint in the North Carolina banking mecca.
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The labor market was a bigger point of discussion in the Federal Reserve's most recent monetary policy-setting meeting, but officials were divided about the path of future actions.
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The digital bank is also partnering with two pro pickleball leagues to court fans through a consistent presence at tournaments later this year.
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Regulators from California, Massachusetts, Minnesota, Nebraska, New York and Texas levied the fine for anti-money-laundering and Bank Secrecy Act violations, which comes as Wise seeks a banking license in the U.S.
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