ALBANY, N.Y. - (05/05/06) -- Employees of State Employees FCU andlocal residents traded pretend deeds and play money on behalf ofthe city's Center for Disability Services Tuesday. SEFCU's 14thannual Monopoly Tournament, one of the largest in the Northeast,raised $8,500 in real money for the local charity. More than 130people participated in this year's tournament, with individualseach paying a $30 entry fee and corporations paying $250 for a teamof four. The $1.2 billion credit union has raised more than $52,000through the annual tournament for the Center for DisabilityServices, which provides services for children, adults and seniorswho live with disabilities.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17