PORTLAND, Ore. - (09/30/05) -- TitleAuctions Inc. Announced it hassigned two of the largest credit unions, Texans CU and VyStar CU,to sell their repossessed cars on its auction site. The site,CUAuctions.co., allows credit unions to sell repo vehicles onlineto their members on their own websites. Inventory is also marketedto non-members through search engines, like Google, MSN and Yahoo.Privately owned TitleAuctions has a client base of 59 credit unionsin 19 states. Texans CU is based in Richardson, Texas and has morethan $1.4 billion in assets, and VyStar CU is in Jacksonville,Fla., and claims almost $3 billion in assets.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.
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