LANSING, Mich. - (06/26/06) Residents around the state areon notice: Anyone Can Join A Michigan Credit Union.That message is the tagline of a new TV and radio campaign beinglaunched next week as part of the Michigan CU Brand Campaign. Theeight-week media blitz calls for radio buys in the statesmost expensive markets: Detroit, Grand Rapids and Traverse City;and TV spots in the Flint, Lansing and Marquette markets. The threeradio spots emphasize credit unions' superior service and lowerfees and utilize the theme Credit Unions: Where People areWorth More than Money. David Adams, president of theMichigan CU League, said the latest awareness campaign is designless to increase membership, and more to develop awareness of thecredit union tax exemption and to strengthen the political lobby.Credit unions are being encouraged to leverage off this mediacampaign to enhance the effectiveness of their own individualmarketing efforts. About half of the states credit unionshave invested in the campaign and have been equipped withcollateralized marketing materials to compliment the initiative.The tagline on each of the ads is: Anyone Can Join AMichigan Credit Union. Find your atlovemycreditunion.org.
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Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
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The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
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The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
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Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
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The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
April 25