TULSA, Okla. - (09/27/04) -- The Oklahoma CU League announcedduring its annual meeting last week that long-tome president andCEO Robert Bianchini will retire and be succeeded by Lisa Finley,executive vice president of the league. Bianchini, who headed theRhode Island CU League in the early 1990's, plans to retire inFebruary. Delegates to the annual meeting asked the board toinvestigate moving the league's headquarters from Tulsa to OklahomaCity. The board plans to make a recommendation on the potentialrelocation during next year's annual meeting, which is to be heldin Oklahoma City.
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VALT, a digital-oriented small business lender founded by US Bank veteran Matt Geidman, received approval for its national trust charter application from the Office of the Comptroller of the Currency 120 days after its application, clearing a key regulatory hurdle at a time when regulators are encouraging the formation of more startup banks.
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The bank is pushing wealth managers to use artificial intelligence embedded in Salesforce and Zoom to plan, summarize and follow up on client meetings.
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The systemic risks posed by stablecoins on public blockchains go further than deposit flight and market dislocation — there's also technology risk. But Noelle Acheson argues that these should be incorporated into guardrails rather than used to stop progress.
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Diligence Capital Management's proposals and board nominations for the beleaguered Eagle Bancorp won't be put before shareholders. But the activist investor isn't giving up the fight.
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A recent executive order encouraging changes to the Consumer Financial Protection Bureau's Ability-To-Repay and Qualified Mortgage rules are adding to a packed agenda at a time when the agency has lost a third of its staff.
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Some lenders and condo market stakeholders are raising concerns that new GSE rules ending limited reviews and tightening reserve requirements could raise costs.
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