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.
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Guidance documents from the Consumer Financial Protection Bureau and Treasury's Financial Crimes Enforcement Network heightening bank scrutiny of individual tax identification numbers in mortgage applications could discourage banks from issuing those kinds of loans.
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The newly minted Fed chairman announced working groups for his five top policy priorities and strictly refrained from forward guidance in his debut press conference Wednesday afternoon.
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The Cincinnati bank has launched a navigational aid to help customers get to what they need in fewer steps.
June 17 -
The state would join New York in governing the up-and-coming credit product. Industry and consumer advocacy groups say there's still room for improvement.
June 17 -
The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
June 17 -
The payment company is "exploring options" for PayPal Ventures as new CEO Enrique Lores tries to reverse an earnings slump.
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