RALEIGH, N.C. – State Employees CU said its SECU Foundation has awarded a $250,000 matching grant to Hospice of Wake County.
The credit union funding will support of the agency's campaign to build the first hospice facility in Wake County.
The SECU Foundation is one of the biggest credit union non-profit affiliates in the country and award more than $7 million a year in college scholarships to North Carolina students.
The federal banking regulator issued conditional approvals for national trust bank charters for Bastion Platforms, Agora and Catena Labs on the same day.
The Federal Reserve's vice chair outlined the ongoing modernization efforts for the central bank's lending facility of last resort, including coordination with the Federal Home Loan Banks.
A new bill introduced by Sen. Katie Britt, R-Ala., would boost efforts to index bank regulatory thresholds in the Senate Banking Committee, where most of the focus to date has been on stablecoin and crypto.
As AI agents become more collaborative, creative and fast, banks need to defend themselves.
BCB Bancorp says red ink may top $130 million in the third quarter, as its new CEO moves to address credit-quality issues.
