NEW YORK - (08/03/04) -- Municipal CU, one of the largestcredit unions in the nation's financial headquarters, said it hasjoined the credit union-owned CO-OP Network. The $1.1 billioncredit union has signed a member-shareholder deal with the CO-OPwhich requires it to brand its own 90 ATMs with the CO-OP logo andadd them to the network. The deal comes two months after the CO-OPsigned the New York CU League to add its CU24 (New York) network tothe system. The CO-OP provides access to more than 19,000 ATMsnationwide for members at 1,725 credit unions.
-
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.
4m ago -
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.
1h ago -
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.
2h ago -
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.
3h ago -
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
4h ago -
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
7h ago