BROCKTON, Mass. - (04/25/05) -- Black-and-white photos taken bywell-known local photographer Stanley Bauman of President HarryTruman, Brockton boxing legends Rocky Marciano and Marvelous MarvinHagler, and the Blizzard of '78 adorn the fourth floor of the new$10 million headquarters of HarborOne CU, dedicated here Fridayafternoon. Bauman, unofficial photographer of the Bay State's'Boxer City,' was the guest of honor, kicking off the ceremony byblowing out a candle on a birthday cake celebrating his 92ndbirthday, while the credit union presented a $1,000 check in hisname to a Stonehill College photography major. The 75,000square-foot building is located on the outskirts of the city andwill immediately house 150 of the $1 billion credit union'semployees and bring eight departments spread across three locationsunder one roof. HarborOne CU was chartered in 1917 and was knownuntil last year as Brockton CU.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
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Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
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In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
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Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
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The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
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Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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