Navy Federal Credit Union employees contributed more than $327,000 to the Combined Federal Campaign (CFC) for the National Capitol Area-exceeding its goal by better than $67,000. Some 98% of Navy Federal employees participated. During the past five years, NFCU employees have contributed more than $1.7 million to thousands of CFC-endorsed charities. More than 1,300 headquarters and metro area branch office employees contributed over $291,000 online, while an additional 1,800 employees donated $36,000 through various events.
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While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
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The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
2h ago -
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
3h ago -
As banks consider their strategies, other big names are also considering a role for digital assets.
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The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
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Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
7h ago