Sooper Wins Q2 Marketing AwardDALLAS-CU Members Mortgage gave a 2011 Q2 Marketing Achievement Award to the $242-million Sooper CU, Arvada, Colo., for its use of new marketing tools to increase loans with its Gen Y membership.For info: www.cumembers.comRGCU Joins Branching NetworkLAKEWOOD, Colo.-CU Service Network said Rio Grande CU, Albuquerque, N.M., has joined its shared branching network.For info: www.cusn.comAlaska Option Expands Debit ProgramANCHORAGE, Alaska-Alaska Option Services Corporation, an ATM/POS debit network, said it is expanding its product offerings to include pass-through credit and debit signature processing services.For info: www.alaskaoption.comEmpower FCU Selects VSoft ATLANTA-VSoft Corp. reported that Syracuse, N.Y.-based Empower FCU has chosen its suite of item capture solutions, including merchant remote deposit capture and branch back-counter capture.For info: www.vsoftcorp.comConference Focuses On CommunityGRAND RAPIDS, Mich.-Being part of the community was the focus of CU*Answers' recent Leadership Conference. Randy Karnes, the CUSO's CEO, challenged CUs to consider what represents a community and who CUs should be talking about within today's communities. Attendees donated money to five community-related charities.For info: www.cuanswers.comNSC Names 2011 Innovation AwardsSAN FRANCISCO-NAFCU Services Corp: announced the winners of its 2011 Innovation Awards: Affinion Group for its Flex Checking, a program that addresses the question of free versus fee checking; Allied Solutions for its CenterPoint Client Portal, a one-stop shop of integrated applications and partnerships for end-to-end collateral management, and Insuritas for its online, private-label insurance agency portal that enables direct purchase of insurance products on its website.For info: www.nafcu.org/nafcuservicesConn. CUL In Marketing Agreement LIVONIA, Mich.-The CU League of Connecticut and CU Solutions Group (CUSG) have announced a new marketing agreement to offer solutions in the areas of marketing, technology, membership enhancements, and human resources to Connecticut CUs.For info: www.cusolutionsgroup.com or www.culct.coopVantiv Signs Two CUsCINCINNATI-Vantiv said two CUs have signed contracts ATM and debit card transaction processing, ATM driving, card production, and network gateway access: $130-million General Electric Employees FCU, Milford, Conn., and $33-million Wemelco CU Springfield, Mass.For info: www.vantiv.com
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Bank-favored provisions that were included into the House's version of a bipartisan housing bill threaten to derail Senate passage, but Senate Banking Committee moderates seem skeptical of the combination.
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The digital bank slashed its share volume and pricing the day before its public debut and following a mixed U.S. public debut for fellow Brazil fintech PicPay.
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The Ohio bank said its 2027 earnings per share will be lower due to an accounting revision linked to its acquisition of Cadence Bank. But CEO Steve Steinour remains sold on Huntington's expansion plans, calling the Cadence deal a "home run transaction."
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Houston developer Colony Ridge Development agreed to resolve allegations that it operated a bait-and-switch scheme targeting Hispanic immigrants that led to massive foreclosures.
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JPMorganChase, Citi and Custodia are among the banks that have built digital asset projects on the Ethereum blockchain.
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The district's appeals court let stand a May 2025 ruling that dismissed most of the D.C. Attorney General's claims against EarnIn in a major win for the firm and good news for fintechs looking for favorable regulatory treatment.
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