ALEXANDRIA, Va. - (03/25/05) -- Mainline credit unions continued tosee NCUA's underserved field of membership policy as the bestchance to expand their markets last month. The federal regulatorsaid it approved a request form JSC FCU, in Houston, to serve thecity's entire two million residents under its underserved policy;one of the biggest expansions ever granted under the policy. NCUAalso approved applications from Southeast Financial FCU, Nashville,to serve almost one million people in the Nashville area; fromMOCSE Central Valley FCU, Modesto, Calif., to cover 900,000 peoplein greater Modesto; and from Hiway FCU, St. Paul, Minn., to serve500,000 people in the metropolitan area.
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PayPay is the latest international fintech to signal entry into the U.S. fintech investor market with an IPO that has been planned by SoftBank for years.
February 13 -
Attorneys from Holland & Knight warn that Treasury is targeting financial services companies in Minneapolis and at the southern border in an AML crackdown.
February 13 -
First National Corp. in Virginia announced the sale of its two North Carolina branches. Meanwhile, a number of larger competitors are laying plans for growth in the Carolinas.
February 13 -
After losing nearly $700 million in the fourth quarter as bitcoin's valuation tanked, Brian Armstrong stressed product diversification will help the company navigate the downturn.
February 13 -
The New York bank's technology leaders have been working to reengineer back-office work and give some of it to Anthropic's Claude generative AI model.
February 13 -
The Bureau of Labor Statistics released its January Consumer Price Index Friday, showing that inflation rose 0.2%, while the annual rate eased to 2.4% after holding at 2.7% for several months. The data reduces the likelihood that the Federal Reserve will cut interest rates in the near future.
February 13





