When Texas credit unions host their annual Credit Union Texas Twister run in Austin, Texas on Oct. 30, members of the military deployed here will stage a sister run. At the Army's Task Force Eagle base in Bagram, Afghanistan, Tim Villasana of the National Guard's 111th Area Support Group from Austin and Task Force Eagle, is arranging the run. "This gives us something to get our minds off what is going on over there," he said. In addition to Task Force Eagle members, members of the Navy, Air Force, Marines and other coalition forces such as Korea, Poland, France and Slovakia will participate. The second annual Credit Union Texas Twister, which raised $50,000 in funds for the Children's Miracle Network in 2004, will also forward some proceeds to hurricane relief.
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The Saginaw, Michigan-based credit union brought its credit card program back in-house to capture more member spending and gain added control over customer relationships. Previously, its credit card program was managed by a third-party vendor.
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Megan Ryan joins American Banker from the Chicago Fed, bringing insights on the payments industry exclusively for subscribers.
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The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
March 12 -
A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state's long-standing Banking Development District program.
March 12 -
A threat that was probabilistic is now official. An Iranian military spokesperson warned of a "painful response" against U.S.-linked banks.
March 12 -
The Senate passed a bipartisan housing bill in an 89 to 10 vote, but how quickly and easily the bill can pass the House remains unclear.
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