WINSTON-SALEM, N.C. - (02/09/06) -- Allegacy FCU announced Wednesday ithas created its own full-service real estate agency for members.Allegacy Realty LLC will be based in the credit union's branch hereand will operate as a wholly owned subsidiary of Allegacy ServicesLLC, the credit union's CUSO. Terry Hedrick, a long-time realestate industry veteran, will head the new operations.
A federal judge found SVB Financial's management negligently prioritized yield over safety, allowing the Federal Deposit Insurance Corp. to retain the deposits after the bank's 2023 collapse.
Justin Duke's move from BNY Wealth to Simon Quick Advisors shows how higher fees, rising asset minimums and tighter client constraints are pushing some bank advisors toward RIAs.
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
For months, United Bancorporation of Alabama avoided a public clash with two unhappy shareholders. But after the duo demanded seats on the board of directors, the bank finally clapped back.
Financial advisors would be wise to treat "health span" like an investment portfolio to better prepare clients to afford and enjoy longer retirements, a researcher said.
The payments fintech announced that it has applied for a national trust bank charter from the OCC for both bitcoin and stablecoin custody.
