SAN DIEGO - (12/09/05) -- One lucky member of USE CU will getan early Christmas present first thing Friday morning-- A $25,000Xtreme Financial Makeover--but she doesn't even know it yet. MaryAnn Patty will get a surprise Friday morning when USE CU PresidentLinda Baugham appears at her front door to deliver an oversizedcheck for $25,000 representin her Xtreme Makeover winnings. Alongwith the check, the credit union promises the recently widowedyoung mother to provide her with a financial makeover. As part ofthe contest, based on the popular television show Extreme Makeover,the $750 million credit union promised entries a personalizedfinancial 'makeover' or review of their finances in which USEpromised to improve any members financial picture by $2,500or more in 25 minutes, or the member would receive $25. Beside the$25,000 grand prize, the credit union plans to hand out another$2,500 each to six runners-up.
-
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.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
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.
February 9 -
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.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
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.
February 9





