SACRAMENTO, Calif. - (11/24/03) -- Sacramento CU is among a half dozenfinancial institutions that have signed on to a new programallowing Sacramento County welfare and food stamp recipients toaccess their accounts free of charge through ATM and debit cards.Under the program, about 26,000 families who receive monthlyCalWORKS cash benefits, as well as 100,000 food stamp recipients,will have their payments electronically deposited in accounts atone of six area institutions that have agreed to provide fee-freeservice. Other institutions providing fee-free access are:Washington Mutual, World Savings Bank, Bank of Rio Vista, FirstNorthern Bank and American Express.
-
President Donald Trump's proposed budget would nix funding for Community Development Financial Institutions in minority heavy areas while expanding it for rural areas.
May 2 -
The two companies are collaborating to bring enterprise AI to Box users.
May 2 -
The administration is pitching a $26.7 billion reduction to the regulator's funding for rental assistance, public housing and elderly and disability housing.
May 2 -
Acquiring Country Club Bank would give Omaha-based FNBO 30 branches and nearly $3 billion of deposits in one of the Midwest's biggest markets.
May 2 -
Vectra Bank Colorado President Bruce Alexander is retiring after 25 years with the bank; Unilever Federal Credit Union in New Jersey was shut down by NCUA; Vista Bank hired Bob Mahalik in preparation for Texas bank M&A; and more in this week's banking news roundup.
May 2 -
Truist, Texas Capital and Citizens Financial are among the banks that will be forced to address shareholder dissatisfaction over executive pay.
May 2