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.
-
Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10