2021-01-15
Sigal Zarmi, who took on broader duties this fall, is modernizing the company's technological infrastructure and using reverse mentoring to combat bias in the workplace.
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2021-01-15
Fourth-quarter results were hurt by restructuring and customer-remediation charges, but the release of credit-loss reserves and the sale of a student-lending business gave an unexpected boost to net income.
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2021-01-15
The action is expected to be challenged by banks and the Biden Administration; the Fed chair says the central bank has no plans to raise rates or tighten monetary anytime soon.
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2021-01-15
Strong trading and investment banking fees also contributed to a 42% increase in profit to $12.1 billion in the fourth quarter.
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2021-01-15
If you’re a New Jersey homeowner facing foreclosure, you’re certainly not alone. In fact, New Jersey has among the highest foreclosure rates of any state in the country.
Read More from: Levitt & Slafkes LLC
2021-01-14
Issued in the final days of the Trump administration, the regulation has united banks, gun-control advocates and environmentalists in opposition. It could be blocked by Congress or a comptroller chosen by the new president.
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2021-01-14
In a party-line vote, the agency issued a proposal that would redefine a "complex" credit union.
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2021-01-14
The FHFA and Treasury will allow Fannie Mae and Freddie Mac to hold more capital as part of the Trump administration's plans to release the companies from conservatorship.
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The Save Our Stages Act – Time for Eligible Businesses to Get Ready for Their Audition (Part 2 of 2)
2021-01-14
This client alert is the second of a two part series concerning the Save Our Stages Act (the “SOS Act”), which became law on December 27, 2020 as Section 324 of the Economic Aid to Hard-Hit Small Business, Nonprofits, and Venues Act (the “
Read More from: Bankruptcy and Restructuring Blog
2021-01-14
The National Credit Union Administration and the Consumer Financial Protection Bureau will hold strategy sessions and share information tied to consumer protections at institutions with more than $10 billion of assets.
Read More from: BankThink
2021-01-14
The Supreme Court decided that a creditor which passively retains possession of estate property does not "exercise control" over such property in viol
Read More from: A Texas Bankruptcy Lawyer's Blog
2021-01-14
A sponsorship deal between the regional bank and the league will emphasize economic empowerment and financial education. It's a good example of how corporations increasingly seek to associate their brands with a cause or purpose, experts say.
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2021-01-14
Loan originations hit a record $16.7 billion in the fourth quarter, though executives caution that a recent rise in mortgage rates could slow refinancing activity.
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2021-01-14
Branch has been with WOCCU for 31 years, the last 10 of them spent as CEO.
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2021-01-14
The project will deploy $20 million as secondary capital to expand economic relief and financial inclusion, and follows a $1 million project last summer aimed at helping low-income consumers in Rust Belt cities.
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2021-01-14
A slower-than-expected rollout of the COVID-19 vaccines and the threat of social unrest after the Jan. 6 riot at the U.S. Capitol could threaten the recovery, according to an American Bankers Association panel.
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2021-01-14
Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.
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2021-01-14
The deal is a sign of further consolidation among Twin Cities-area credit unions, following another combination announced in May.
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