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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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