LINTHICUM, Md.-SECU President/CEO Rod Staatz received the Judith Burgin Professional of the Year Award, which recognizes local, regional and national CU leaders for their contributions to the movement and achieving effective and efficient results at their institutions.
SECU's board chair said Staatz "epitomizes the leadership this award represents, through teamwork and his spirit of cooperation within the national credit union industry."
I don't go in much for 9/11 retrospectives. I've never seen any documentaries about it, never seen any movies about it, never read any books. I don't need to. I saw the event itself.
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
Less than half the information banks share under the program relates to money laundering or terrorist financing, by Fincen's own count. Most is fraud.
New York's Arrow Financial and Pennsylvania's First Commonwealth Financial were seeing their insurance revenue grow before they announced agency purchases this week. Prior to 2025, banks were shedding their insurance agencies.
The AI company has debuted ChatGPT for Financial Services, an enterprise tool that may threaten the role of junior analysts at investment banks.
The USA Patriot Act passed on an overwhelming bipartisan basis in the wake of the 9/11 attacks, overhauling banks' involvement in anti-money-laundering efforts.
