HARRISBURG, Pa. - (07/11/05) -- State regulators said last weekPennsylvania has become the latest state to entertain requests fora TIP charter, allowing credit unions to serve entire trades,industries or professions. The state Department of Banking said ithas received its first application for a TIP charter, from LeeHospital CU, in Johnstown, to serve the healthcare industry inBlair, Columbia and Somerset counties. Three other states,Massachusetts, Connecticut and Minnesota, have granted TIPcharters, first developed by NCUA for federal charters two yearsago.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3