SALT LAKE CITY - (11/01/05) -- Four more local school districts arethe recipients of $20,000 in grants from the 100% For Kids CreditUnion Education Foundation, which has provided more than $3 millionin school funding over the past two years. The newest awards were:$4,800 to Moss Elementary for software to promote Englishproficiency; $8,900 to Hillside Elementary for books; $5,000 forRobert Frost Elementary for books; and $3,700 for JacklingElementary to purchase microscopes, globes and other equipment formath and science. The foundation is an arm of the Utah League ofCUs.
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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
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The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
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Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
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The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
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The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
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An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
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