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Liz Wolverton, previously the Georgia bank’s chief strategy and customer experience officer, will oversee its branch network, consumer products, marketing and more.
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The White House is considering nominating Richard Cordray, who led the Consumer Financial Protection Bureau from 2013 to 2017, as the Federal Reserve's next vice chairman of supervision, according to a report in The Wall Street Journal.
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The addition of two new prohibitions raises the total number of issuances by the National Credit Union Administration to 24 for the year so far.
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Startups in the U.S. and Canada are emphasizing features such as virtual issuance and receipt capture in creating expense cards for business owners.
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To distinguish itself from the Chicago-based credit union of the same name, Alliant Credit Union in Dubuque is becoming AIM Credit Union. It was founded as Interstate Credit Union in 1933.
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The aging of the American workforce is expected to hit the financial industry especially hard. So banks are considering nontraditional job candidates, finding bigger roles for young employees and moving those planning their departures into advisory roles.
