LONGVIEW, Wash. – Weyerhaeuser Employees’ CU said yesterday it is changing its name on January 1 to Red Canoe CU. Like several credit unions lately, the $400 million credit union was asked last year by its original corporate sponsor, Weyerhaeuser Corp., to change its name to reflect its separate corporate identity. Other credit unions that have been forced to shed their corporate sponsors’ names recently include those sponsored by John Deere, The Los Angeles Times and Northwest Airlines. Weber Marketing Group developed the new name and brand for Weyerhaeuser Employees’ CU. The firm considered more than 300 names, reviewing each for brandability, marketing potential and phonetic appeal.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
11h ago -
Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
December 12 -
In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
December 12 -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
December 12 -
The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
December 12





