Following the bursting of a pipe at Farmington Middle School West that damaged the school's entire computer lab, US Federal Credit Union has donated 40 computer systems to replace those ruined by the water and flooding. The donation was the result of USFCU employee Jon Hallberg, Director of Network Telecom Services who saw a televised news report of the incident and contacted the school. As the school closed for the day to allow clean-up, Hallberg discussed details with principal Dr. Steven Geis. School officials have been preparing to install the computers and expect to have them ready for students to use during April.
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Capital One, PNC, Truist and, U.S. Bancorp are urging regulators to cut duplicative calculations and align U.S. rules with global standards, a longstanding preference for banks but one that will likely find a warm reception from a deregulation-focused Trump administration.
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In an environment of persistent economic unease, banks have a unique opportunity to help small businesses, Sekou Kaalund, U.S. Bank's head of branch and small business banking, said at American Banker's 2025 Small Business Banking conference.
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The New York-based bank, which works with many Democratic campaigns, faces investor concerns that it might be targeted by the Trump administration. CEO Priscilla Sims Brown says the bank's "strong profitability" is its best shield from political threats.
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The Ohio bank is working with Alloy Partners to build startups in fintech, payments and wealth management even as it acquires multiple banks this year.
October 27 -
Huntington's $7.4 billion acquisition of Cadence would give the Ohio-based bank a top-five market share in both Dallas and Houston. It comes just a week after Huntington closed its last Texas acquisition.
October 27 -
In an expanded partnership announced Monday, the card network and payment fintech will enable hundreds of millions of consumers and tens of millions of merchants to use new forms of artificial intelligence for shopping and payments.
October 27





