NEW ORLEANS - (07/27/05) -- Area credit unions are reportingthat several individuals recently opened accounts and conductedtransactions after depositing checks drawn on closed accounts atHibernia Bank. The individuals, identified as Brianna Isabelle,Jacob George and Denetria A. Miller, or people using these names,opened accounts at US Customs FCU, The New Orleans Firemen's FCUand Greater New Orleans FCU and e processed transactions atLouisiana Service Centers and outlet locations with checks drawn onthe closed accounts. The CU Service Centers is urging credit unionsto block new accounts for the first 60-to-90 days.
-
As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3