| Clear Lake bank president elected to Federal Reserve board
CLEAR LAKE — Mark Hewitt, president and chief executive officer of Clear Lake Bank & Trust, has been elected to the Board of Directors of the Federal Reserve Bank of Chicago.Hewitt’s three-year term begins in January 2008.Read more on this story on this Web site and in Wednesday’s Globe Gazette.— By Peggy Senzarino
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Credit Union Offers Account Access on Facebook Finextra
Nov 21 2007 : KeyPoint Credit Union has teamed up with U.S m-banking software firm MShift to develop an application that enables customers to access their Web accounts from within Facebook. Silicon Valley-based KeyPoint, whose customers work at high-tech firms such as Apple, says it is the first financial institution to offer account access via Facebook. KeyPoint�s application provides customers with one-click access to their online bank account information. The credit union says that all account information data is encrypted and that no user data is stored on Facebook�s servers. The application provides users with information about KeyPoint and includes a social forum for the credit union�s members. It was developed using MShift's m-banking software as well as a Facebook application programming interface (API) which enables companies to integrate applications with the online social networking site.
Thomas & Coffey Releases Chairman's Address to Shareholders (THO.AX, 00784858, 20071120)
Thomas & Coffey released the Chairman's Address to shareholders, stating that the company's earnings in FY2008 were expected to be higher than FY2007, before the accretive impact of Coffey Engineering, the Sydney-based mechanical services business that was acquired in July 2007. The Chairman also said that, if as expected, the first stage of the company's change process was completed successfully, further earnings growth could be expected in FY2009. More information about THO.AX .
Sir Tom is business icon
SIR Tom Hunter has been named Scotland's Business Icon in a survey to find the most inspirational figure for small business owners. In the BT Business poll, Sir Tom secured 39.9 per cent of the votes, beating Sir David Murray, executive chairman of Rangers, Chef Gordon Ramsay and entrepreneur Duncan Bannatyne. This article: http://business.scotsman.com/index.cfm?id=1829012007 Last updated: 20-Nov-07 12:00 GMT .
Banks to set up shop at Mexican Consulate
The Consulate General of Mexico signed an agreement Monday with three U.S. banks that could make Mexican nationals more comfortable with the banking industry. Chase, Citibank and Laredo National Bank will take turns each day manning a desk in the Mexican Consulate on Navarro Street. They will answer questions for Mexican nationals about financial services and products with the hope of eventually turning them into customers at area branches. "In other areas of the U.S. — New York, Los Angeles, Chicago — we have had a presence in consulates for years," said Iñigo Arzac, assistant vice president and relationship manager for Citibank San Antonio. "Now we can reach out to the Mexican community, especially with the growth of San Antonio." The banks will not offer any products inside the consulate.
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