TAMPA, Fla. – Suncoast Schools FCU, a credit union giant that teetered during the financial crisis, is putting its stamp on a financial rebound with plans to open a new branch this week, one of two for the coming months.
As part of the opening of the west Tampa branch, the $5-billion credit union’s 51st service facility, Suncoast will pay $5 into the first 25 new accounts opened there.
The branch is the first opened by Florida’s biggest credit union in five years.
The Federal Communications Commission proposed a $4.5 million fine against Voxbeam Telecommunications, which it accused of facilitating fraud scams. Many of the calls spoofed phone numbers belonging to American banks.
New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
The Cincinnati bank's Newline business is now its fastest growing commercial payments segment.
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The cryptocurrency exchange is the latest digital asset firm to receive a trust bank charter from the Office of the Comptroller of the Currency.
