AUBURN, Wash. - (03/31/06) Credit unions across thecountry responded to Thursdays meeting with officials fromJunior Achievement by pledging almost all of the $2.4 million thetwo parties estimate they will need to produce a nationaltelevision show for Public Broadcasting on financial education forkids. The show, to be called Biz Kid$, would leverage creditunions expertise in financial issues and JuniorAchievements audience of an estimated four million kids toproduce a show that would be broadcast in schools all over thecountry, according to Washington CU League President John Annaloro,who helped organize Thursdays national webcast from theJunior Achievement Enterprise Village here, where credit unionofficials from across the country met with representatives ofJunior Achievement and PBS. Before it was over credit unionspledged more than $2 million towards the broadcast, with thebiggest commitment of $250,000 coming from Boeing Employees CU andthe Washington CU Foundation pledging $100,000. Plans call for theprogram, to debut on PBS in October, to give prominent display ofthe credit union brand on the show, as well as on relatedmaterials, and on materials published by Junior Achievement inconnection with the show.
-
At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
April 19 -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
April 19 -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
April 19 -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
April 19 -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
April 19 -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
April 19