The Association of Fundraising Professionals (AFP) has named the National Credit Union Foundation (NCUF) as the winner of its 2005 Award for Excellence in Fundraising, sponsored by Campbell and Co. The award goes to an organization that has demonstrated outstanding results in the areas of fundraising innovation, return on investment and/or the amount of funds raised. In just five years, the NCUF has increased its grant-making capabilities by 1,400%, from $166,000 in 2000 to $2.6 million in 2004 through its Community Investment Fund (CIF). The CIF is a common fund into which credit unions of all sizes can make investments through their corporate credit unions and U.S. Central. NCUF will receive the award on April 4, 2005, during AFP's International Conference on Fundraising in Baltimore.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
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.
July 3 -
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.
July 3