LAKE JACKSON, Texas – TDECU, formerly Texas Dow Employees CU, celebrated its 100,000th member by giving him 100,000 pennies–$1,000. “This couldn’t come at a better time–my girlfriend told me to join TDECU because of their great rates and benefits and she couldn’t have been more right,” said member number 100,000 Mario Garcia, who also induced his mother and sister-in-law to join the credit union. The 51-year-old credit union also recently hit the $1 billion mark in assets.
Evident AI scores banks' AI talent, innovation, leadership and transparency. JPMorgan, Capital One and RBC took the top slots.
In their "bridge to wealth" study, Cerulli Associates and Morningstar look at how advisors can turn defined contribution plan participants into individual wealth management clients.
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Fincen also formally dropped a 2020 proposal on rules for self-custodied crypto wallets, citing the Trump administration's deregulatory agenda.
Kyle Horn, the owner of a precious-metals dealer in San Diego, says his Bank of America account, which had about $50,000 in it, has been frozen for 18 months. He's suing to get his money back — and to win protections for other customers like him.
