2020-09-22
The credit union turned to a new engagement strategy for employees after the pandemic forced most of the organization to transition to working from home.
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2020-09-22
Bank of America's Managing Director for Small Business Sharon Miller led the company's involvement in the Paycheck Protection Program, which produced more than 343.000 loans, most in the country.
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2020-09-21
These seven institutions have found innovative ways to engage employees and help staffers through the pandemic.
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2020-09-21
Jane Fraser, who is poised to become the first woman to lead a major U.S.
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2020-09-21
The agency issued an interpretive letter on stablecoins two months after permitting institutions to provide wallet services for cryptocurrency holdings.
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2020-09-21
Matthew Raphaelson, Kenneth Zimmerman and Tracy Kidd, all of whom were senior executives in the company’s consumer banking unit, have agreed to pay six-figure fines in connection with Wells Fargo’s unauthorized account scandal.
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2020-09-21
Karl Yoneshige has been with the Honolulu-based institution since 1988, including two decades as CEO.
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2020-09-21
Credit union issues could struggle to gain traction as lawmakers battle over a replacement justice.
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2020-09-21
The OCC is trying to seize jurisdiction by arguing that current supervision is haphazard. But states are already working together to streamline regulation while continuing to enforce consumer protections and encourage innovation.
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2020-09-21
The North Carolina bank deployed Finxact's new technology, which runs on Amazon Web Services, to make Paycheck Protection Program loans and will use it next to offer business savings accounts and CDs.
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2020-09-21
The central bank's proposal to overhaul the Community Reinvestment Act differs markedly from the OCC's regulation in testing, data collection and other areas.
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2020-09-21
On September 20, 2020, Garrett Motion Inc., a designer, manufacturer and seller of turbocharger, electric boosting and connected vehicle technologies, and several affiliates filed a petition for relief under Chapter 11 of the Bankruptcy Code in t
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-09-21
On September 20, 2020, Garrett Motion Inc., a designer, manufacturer and seller of turbocharger, electric boosting and connected vehicle technologies, and several affiliates filed a petition for relief under Chapter 11 of the Bankruptcy Code in t
Read More from: Bankruptcy and Restructuring Law Monitor
2020-09-21
The pandemic has forced the institutions on this year's Best Credit Unions to Work For list to be more flexible with their policies for how and when employees take time off.
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2020-09-21
BuzzFeed News published its “FinCEN Files,” alleging that large banks ignored reports of suspicious activities and helped launder trillions of dollars; low rates will depress earnings even as credit losses don’t look to be as bad as expected.
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2020-09-20
The annual ranking, a collaboration between Credit Union Journal and the Best Companies Group, involves surveying employees and reviewing each institution's workplace policies.
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2020-09-20
The coronavirus has created unprecedented challenges for employers but these credit unions rose to the occasion.
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2020-09-20
Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recomme
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