BATON ROUGE, La. - (09/12/05) -The Louisiana Credit Union League hasfinally made contact with its one staffer who was still unaccountedfor after Hurricane Katrina ravaged the New Orleans area, where theleague's regular offices-and most of its staff-call home. GayleBoudreaux, a veteran bookkeeper at LCUL chose to ride out the stormin a house she owns with her ex-husband in River Ridge in JeffersonParish, just a few miles west of beleaguered New Orleans. Accordingto LCUL's Alicia Blanda, Boudreaux's house suffered some flooding,and the electricity is still out, but with phone service recentlyrestored, she was able to contact the league to let them know shewas all right. Blanda said she believed that Bodreaux would beallowed to remain in her home, though Jefferson Parish officialsare not recommending it.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17