COLUMBIA, Wash. - (05/15/06) Columbia CU is sponsoring atour of eight home remodeling projects through Clark County as away to spur members to home equity loans. Tickets for the May 20thand 21st event are being sold at all credit union branches and atlocal schools. The tour is aimed at providing members with new ideaand information for their own home projects.
The parent company of Heartland Bank and Trust plans to acquire a smaller bank based in Carlinville, Illinois. The acquisition would give the buyer added heft in Central Illinois, as well as the Chicago and St. Louis metro areas.
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
The Boston-based bank is the second bank in three months to face pressure to sell by the activist investor group HoldCo Asset Management.
Comptroller of the Currency Jonathan Gould said in an interview with American Banker that his agency is looking at whether its own internal guidance may have contributed to a climate where banks feel the need to "cite everything" to avoid supervisory penalties.
AlumniFi, the digital banking arm of Michigan State University's official credit union, is now an official bank partner for the NCAA's Big East conference.
A failure at an Amazon Web Services data center in Virginia caused widespread outages, hitting services at several banks and fintechs.
