LENEXA, Kan. - (06/21/06) For ever so briefly24hoursone 17-year-old member of the Credit Union of JohnsonCity was a millionaire. As a member of the credit unionsSolid Saver Program, Alyssa Corcoran won possession of a 12-month$1 million CD and got to feel what it was like to beMillionaire for a Day. Even though themillion-dollars was taken away, the teenager got to keep thedays interest on the 4.5% certificate, which came out to$123, and was rounded up by the credit union to $125. Butthats not all. When she was announced as the winner,Corcoran was interviewed at the credit union by the DJs live onlocal FM radio station STAR 102, who told her she also won fourtickets to see American Idol star Kelly Clarkson perform live inKansas City later this summer. Then she was taken to pick up hertickets in a chauffeur-driven limousine. There could nothave been a more fitting winner of our Savers contest. Shetypifies what this promotion is all about, Kathy Saunders,business development officer for the credit union, told The CreditUnion Journal. Corcoran in is one of four daughters of long-timemembers of the credit union.
-
The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
26m ago -
The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.
5h ago -
The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.
5h ago -
The San Antonio-based bank said that loan growth, fueled in part by its expansion in key Texas markets, may compensate for pressure on deposits. It slashed the number of rate cuts it expects this year from five to two.
6h ago -
Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.
6h ago -
The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
8h ago