TEMPLE, Texas – Texell FCU yesterday said it hired Tony Hale, president of Associated CU of Texas, as its new chief executive. Hale will succeed Eldon Wulbrecht, who will be retiring the beginning of 2008.
Texell FCU is a $100 million credit union serving 23,000 members with a community charter encompassing Bell County, Texas.
While bankers generally seem to support a draft rule that would make larger companies eligible for SBA loans, smaller firms and Democratic lawmakers have panned the proposal.
Even as it also spends big on AI, Bank of America is sending a clear signal that human workers will still play an important role in tomorrow's workforce.
Sixteen percent of consumers took out a buy now/pay later loan in 2025, according to the Federal Reserve, as more low-income consumers turn to the short-term installment loans for everyday expenses such as groceries. That's creating a blind spot for banks that underwrite consumer credit.
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Scott Powell, who was hired by CEO Charlie Scharf to help fix the bank's regulatory problems, is moving into the chief risk officer role.
Federal banking agencies spent the year putting agentic AI outside their guidance. The attorneys general want Congress to move the opposite way.
