PENSACOLA, Fla. - (05/17/06) -- Navy FCU said Tuesday it has openeda second office for its Navy Federal Settlement Services, thelargest real estate settlement operation for credit unions in thenation. The new office, the first outside the credit union'sVirginia headquarters, is located at the Northcross shopping centeralready housing a Navy FCU branch and mortgage processing center.The operation, a wholly owned CUSO of the credit union giant,recently surpassed $5.8 billion in mortgage settlements. Thecompany offers purchase settlements in Virginia, Florida, Maryland,Washington, D.C., Pennsylvania and Ohio and refinancing in 21states.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
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The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
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