Two credit union organizations have entered into new agreements with Elan Financial Services, but for different types of services. The $1.5-billion Corporate Central Credit Union is joining with Elan to offer ATM and debit card processing to credit unions and CUSOs nationally, and noted that Elan's Fastbank Free network now has 3,600 surcharge-free ATMs available and 3,400 ATM locations that accept deposits. Meanwhile, in Tallahassee, Fla., Credit Union 24 has joined with Elan to allow CUs to offer a wider range of products to their merchant account holders.
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U.S. banks have passed the Federal Reserve's stress tests with flying colors, again. It makes you wonder if the stress tests are actually stressful enough.
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Whether advisors choose individual stocks or not, the SEC's proposal to allow semiannual reporting rather than quarterly could impact clients' portfolios.
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Many clients avoid consolidating their assets at a single firm because they don't want the hassle. Advisors say it's important when to know not only when they're most likely to want to move assets, but also what to say.
June 25 -
The Consumer Financial Protection Bureau is overhauling its consumer complaint portal after receiving 6.6 million complaints last year, more than double the 3.2 million in 2024, citing abuse by credit repair firms and social media influencers.
June 25 -
The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.
June 25 -
Colony Bankcorp has reached a $163 million deal to acquire Florence, South Carolina-based First Reliance Bancshares.
June 25











