EL PASO, Texas-Ray Ponteri, CEO of El Paso Employees FCU will be retiring effective Jan. 4, 2010. Since he ascended to the post 22 years ago, the CU has grown from $20 million to over $275 million and expanded to 48,000 members and eight branch offices. Ponteri also served as a director for the Texas League and CU Resources Inc. for 10 years.
-
The controlling owner of Santa Fe-based Century Financial Services Corp. wound up in bankruptcy court. Now his 71% stake is on the verge of being sold to an Oklahoma bank.
6m ago -
Swift's network of 11,500 banks can exchange deposit tokens in a standardized way.
50m ago -
The big three's trade group has said they operate legally and protect the industry with a trio of reports. FHFA also is opening up VantageScore for all lenders.
1h ago -
OnePay's My Garage combines payments and financial information as it continues to build out a financial app.
1h ago -
While donating stock is a clear win for clients to avoid capital gains taxes, gifts of property require a qualified appraisal to get a deduction.
1h ago -
Two of the banks that collapsed in 2023 were subject to a weaker system of investor-disclosure oversight than most public companies, prompting the government watchdog to call for changes.
2h ago











