At a ceremony at the Senator Inn in Augusta that included Gov. John Baldacci in attendance, Maine's credit unions presented a check for $214,743 as part of the 2004 Maine Credit Unions' Campaign for Ending Hunger campaign. It is the second consecutive year that the Campaign has topped the $200,000 fundraising mark and the eighth consecutive year the Campaign has set a new record. Last year's Campaign raised $209,035.75. With the 2004 total, the Maine Credit Unions' Campaign for Ending Hunger has now raised and distributed more than $1.75 million since it began in 1990 Seventy-five of the seventy-six Maine credit unions as well as eight chapters in the state particpated.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








