SEATTLE - (04/10/06) Kids at ChildrensHospital and Regional Medical Center got a new rainbowor atleast the means to color their owncourtesy of Group HealthCU. The $225 million credit union collected almost 5,000crayons4,788 to be exact--at its four branches and mainoffice over the last two months and donated them all to thehospitals Operation Crayon. GHCU attached a $500 check whichthe hospital can use to buy another 5,000 crayons. The hospitalgives out more than 240,000 crayons a year to sick or injured kidswho stop by for emergencies or for extended stays. But the kids aregiven just four each because of a limited supply. The creditunions generosity was the pay-off to a Super Bowl bet creditunion officials lost with Pittsburghs PA Health Care CUbecause the Pittsburgh Steelers beat Seattles Seahawks inthe NFL Championship game.
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As the CFPB reconsiders its open banking rule, banks and fintechs are locked in a bitter battle over who will pay for the new digital infrastructure.
10h ago -
Hope Bancorp's acquisition of a business that serves Japanese companies should complement its historic focus on Korean business owners.
10h ago -
The Department of Justice is seeking court approval to immediately fire more than 600 employees, slashing the CFPB's workforce by 53%.
10h ago -
Australia's national Payments Systems Board has decided to remove surcharges on prepaid, debit and credit cards for electronic funds transfers, while lowering the cap on interchange fees. Also, Wells Fargo is seeking banks for its international payment network, and more in American Banker's global payments and fintech roundup.
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The exit highlights the steep challenges and high customer acquisition costs foreign fintechs face when entering the U.S. banking sector.
April 1 -
Federal Reserve Gov. Michael Barr said Wednesday that his dissents over the past year on proposed regulatory changes reflect concern that oversight of banks could be significantly weakened.
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