NCUA said it made two more loans through its community development revolving loan fund in June and July. The loans went to Sunflower U.P. FCU, Marysville, Kan. ($46,600) and Syracuse (NY) Cooperative FCU ($299,000). The loans were only the sixth and seventh made by the fund this year. The fund, which has expanded the money available for technical assistance grants, has been inundated with 311 requests for a total of $2.8 million in TA grants and has awarded 145 for a total of $603,000 so far in 2004.
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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 -
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
July 3