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Three CUs beef up their loan departments and other CU advocates in the news.
July 26
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Deposit growth and loan sales gave Flagstar Bancorp's second-quarter profit a lift. The $13.7 billion-asset company said its net income in the three months rose 2.1% to $47 million, or 66 cents a share, compared with last year's second quarter.
July 26 -
Credit unions make their mark the Republican National Convention, dig deep for kids and more.
July 26
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KeyCorp is on pace to complete its biggest acquisition to date next week. The company will face intense scrutiny to deliver promised financial returns as quickly as possible.
July 26 -
The $1.4 billion-asset company said in a press release Tuesday that it had agreed to buy Oak Mortgage Co. in Marlton, N.J.
July 26 -
International payment services provider Planet Payment and South Africas Absa Bank are expanding availability of Planet Payments Multi-Currency Pricing Solution through a new partnership with Xpressa, a Johannesburg-based company offering online and point of sale payment solutions.
July 26 -
Mastercard has announced a partnership with Singapores mass-transit agency, Land Transport Authority (LTA), for a contactless payment pilot, marking the first example in Asia of a transit system enabling open-loop payments, Mastercard said.
July 26 -
The Consumer Financial Protection Bureau is set to unveil a sweeping proposal on debt collection practices this week that would force banks and credit card companies for the first time to comply with federal restrictions. It said the plan would put an end to some of the most egregious practices in the $13.7 billion debt collection industry.
July 26
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The Consumer Financial Protection Bureau is set to unveil a sweeping proposal on debt collection practices this week that would force banks and credit card companies for the first time to comply with federal restrictions. It said the plan would put an end to some of the most egregious practices in the $13.7 billion debt collection industry.
July 26 -
The costs to extend buyouts to employees cut into Trustmark's second-quarter profit, as did a drop in mortgage banking.
July 26
