BEL AIR, Md. - (01/30/06) The member servicerepresentatives at HAR-CO Maryland FCU will be weighted down withcharity Monday morning. Thats when they start counting morethan one million penniesan estimated three tons--raised byelementary students at nearby St. Margarets School for thebenefit of a sister school in impoverished Haiti. Later this week,parents and students will work together to bag the mountain ofcopper, which will be picked up by an armored vehicle from thecredit union. Teachers saw the purpose of the Million Penny Projectas two-fold; the first was to illustrate the concept of a millionto students, but also that all those pennies can add up to make adifference for the poor children at St. Rose of Lima School inHaiti, which St. Margaret School has supported since 2001. Sincethen the local elementary school has embarked on a campaign todonate backpacks filled with school supplies, and more recently tosponsor students at St. Rose with $100 each for tuition, uniformsand hot lunches for the school year.
-
The Swedish financial institution will sell future buy now/pay later originations to Nelnet. Also, RBC and BMO may sell their payments joint venture; and other news in the global payments and fintech roundup.
1m ago -
Scott Simpson, the next CEO of America's Credit Unions, talked to American Banker about how he plans to fend off a "clear attempt to try to destroy the business model."
11m ago -
The Ohio bank bought DTS Connex to expand its cash management services for businesses with multiple locations, like retailers, restaurants and health care providers.
1h ago -
The card brand is partnering with Adyen, Worldpay and other processors to expand Click to Pay, a simplified e-commerce authentication and processing tool.
2h ago -
The Consumer Financial Protection Bureau dropped an investigation into Credova Financial, a buy now/pay later lender focused on gun financing and subsidiary of PSQ Holdings, where Donald Trump Jr. serves on the board.
3h ago -
Federal Reserve Gov. Christopher Waller said the private sector and central bank play complementary roles in payment innovation and stressed the need to maintain that collaboration as crypto technologies become more mainstream.
4h ago