More than 89 credit union representatives turned out here for the Georgia-South Carolina Management and Volunteers' Institutes. The respective state leagues began hosting the conferences, which are held simultaneously, last year. Among those addressing the meeting were Steve Abercrombie, president of Business Resources Services in Seattle, and Ed Callahan, former NCUA board chair and CEO of Patelco CU in San Francisco. A panel on taxation featured Scott Earl, president of the Utah League of Credit Unions, Patrick Jury, VP of the Iowa Credit Union League, and Pamela Leavitt, VP Governmental Affairs/Public Relations for the Credit Union Association of Oregon. The panelists were introduced by Gary Kohn, VP Legislative Affairs and Senior Legislative Counsel for CUNA. Kohn also spoke to attendees on the taxation issue and of CUNA's involvement.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3 -
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
July 3