ANNAPOLIS, Md. – More than 170 volunteers from Navy FCU will help paint and renovate the Naval Academy Primary School, which educates children for Navy personnel, as part of a nationally broadcast television program called Build Upon A Dream. Supporters of the Naval Academy and local non-profits have pledged $150,000 in goods, services and donations as part of the effort, based on the ABC network’s ‘Extreme Makeover: Home Edition’ television show, which will be broadcast nationally on ABC TV. The credit union volunteers plan to paint the interior of the school. Beside the task force of volunteers, the $29 billion credit union has pledged paint and supplies and $10,000 to support the makeover. Contributors plan to renovate everything from the plumbing, flooring, bathrooms, lighting and the landscaping at the 57-year-old building.
-
America's second-largest bank revised its net interest income target upward after what analysts called a "clean" third quarter.
2m ago -
Mastercard has added an "agentic cloud" to speed deployment, while Visa has issued a protocol to help AI agents communicate. That and more in American Banker's global payments and fintech roundup.
25m ago -
Amid a surge in bank mergers, Citizens CEO Bruce Van Saun said the Providence, Rhode Island-based bank is largely focused on organic growth. "It would have to be a pretty high bar for us to go down that path," he said.
1h ago -
The conditional approval came with residency waivers for board directors and green-lights the bank's business model, which is aimed at serving tech companies and ultra-high net worth customers in the digital asset space.
1h ago -
Federal Reserve Gov. Christopher Waller said Wednesday that breakthroughs in artificial intelligence will undoubtedly make life easier and lead to growth, but acknowledged that the technology's adoption will lead to short-term labor market disruptions.
2h ago -
Acting Federal Deposit Insurance Corp. Chair Travis Hill said the agency will open the bidding process for failed banks to private equity and other nonbanks, streamline resolution plans and revamp its bidding and funding models, reforms spurred by 2023's bank failures.
2h ago