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.
-
The legislation would let merchants, as well as banks and credit unions, round cash transactions to the nearest nickel, part of the administration's effort to discontinue the penny.
58m ago -
Federal Reserve Gov. Michael Barr said artificial intelligence has not yet had a material impact on the labor market, but governments and businesses should be prepared nonetheless.
1h ago -
The Securities and Exchange Commission issued a notice reminding companies to be rigorous in valuing private credit-related assets and disclosing their valuation techniques to investors.
1h ago -
The Federal Reserve's top regulator said Tuesday that bank boards, managers should be active in preventing cyber incidents, but supervisory oversight needs to be tailored by size and complexity.
3h ago -
Citi has been spending a lot of time recently trying to help its customers release trapped liquidity, CEO Jane Fraser said during the keynote address at Sibos in Miami.
5h ago -
The American public has soured on AI amid dire warnings about the technology's safety. But at banks, the approach is still full steam ahead.
9h ago








