VIENNA, Va. - (09/09/04) -- Navy FCU has begun a campaign toregister thousands of its overseas members to vote this fall.Working with HelpingAmericansVote.org., an online service aimed atexpanding voter participation, the credit union established a linkto its website that provides voter information in all 50 states.Members can use the link to access voter registrars in variousstates and obtain early or absentee (mail-in) ballots. "We'reproviding our members easy access to voting information so they canhelp ensure their voice is heard," said Brian McDonnell, presidentof Navy Fed. Navy Federal has more than 100,000 members withforeign addresses and tens of thousands more who are deployedtemporarily overseas for combat.
-
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
April 24 -
The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.
April 24 -
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
April 24 -
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
April 24 -
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
April 24 -
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
April 24