WASHINGTON - (01/19/05) -- NAFCU executives and directors willjoin NCUA Chairman JoAnn Johnson and President Bush Wednesday nightat the Texas State Society's Black Tie and Boots Ball kicking offthe Presidential Inauguration, one of a number of inaugural eventsshowing the credit union colors. The events will proceed with NAFCUdirectors attending the North Carolina State Society Ball at theCity of Washington Museum; and NAFCU Director Bill Cheney (XeroxFCU) joining California Congressman Ed Royce during a series ofinaugural events. The NAFCU officials will attend ceremonycelebrating the Medal of Honor winners at the Reserve OfficersAssociation to kick off inauguration day, before swinging over tothe noon swearing in for President Bush's second term at theCapitol, then scattering for several other inaugural events. "We'retrying to be more active and involved, just like we were at thepolitical conventions; trying to show a credit union presence,"Brad Thaler, vice president of government affairs, told The CreditUnion Journal. CUNA representatives will also be donning black tiesand gowns for the presidential swearing-in ceremonies, with creditunion executives representing the Texas, California, Kentucky andOregon leagues expected to attend one or more events, according toRichard Gose, political director for the trade group. "This is oneof those deals where we're participating wherever we can," saidGose. Credit union and CUNA officials will be watching theinaugural parade as it passes down Pennsylvania Avenue in front ofCUNA headquarters.
-
Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
3h ago -
The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
4h ago -
The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
7h ago -
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
9h ago -
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
9h ago -
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
10h ago