BATON ROUGE, La. - (09/07/05) The Louisiana Credit Union League hasset up shop inside Bayou FCU here. Driven from its Harahan, La.,offices by Hurricane Katrina, the league had been operating from aService Center facility here. The LCUL has created a hotline forNew Orleans credit union leaders who have not been in contact tocall at (800) 436-2682, and has been working to coordinate reliefefforts with CUNA, CUNA Mutual Group and various other leagues. Theleague said it has contacted approximately 30 New Orleans areacredit unions to date. NCUA said it has contacted nearly every CUaffected by the storm, and found 23% are fully operational. Thosecredit unions represent 37% of Bayou State members. The agency saidapproximately two-dozen have yet to be contacted.
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The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
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The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.
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The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.
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The San Antonio-based bank said that loan growth, fueled in part by its expansion in key Texas markets, may compensate for pressure on deposits. It slashed the number of rate cuts it expects this year from five to two.
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Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.
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The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
April 26