AUBURN, Me. - (10/10/05) -- The Maine CU League, which hasraised millions of dollars through its annual Campaign for EndingHunger, has teamed with the Good Shepherd Food Bank to deliver fooddirectly to the state's needy. The league and the food bank havelaunched a 'Food Mobile,' which will deliver food to all of thestate's 16 counties. The credit union league donated $15,000 toequip the mobile effort. The Food Mobile can transport more than7,000 tons of food at one time.
A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
