ALEXANDRIA, Va. – Pentagon FCU announced Friday that its non-profit foundation raised $300,000 during last week’s second annual ‘Night of Heroes Gala’ to help support soldiers injured fighting in Iraq and Afghanistan. Soldiers, credit union members and the community mingled at the banquet with the wounded from Walter Reed Army Medical Center, where the Pentagon FCU Foundation has helped finance the Fisher House hospice. Funds raised during the gala will be contributed to a variety of projects, including those providing financial support for military families, renovations at Walter Reed Medical, and day care programs for children of wounded soldiers being treated at military facilities. The Pentagon Foundation has raised more than $750,000 to support wounded soldiers over the last three years. Among the projects underwritten by the Foundation’s Military Heroes program are furnishings for the new Fisher Home convalescent facility at Walter Reed; the installation of wireless computers at Fisher House; and dinners out at a local steak house for the Fisher House residents.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
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Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
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Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
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The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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