RIVERSIDE, Calif. – Altura CU and Provident Bank have agreed to participate with the city in a program to recruit and retain technology workers within Riverside. The two lenders have agreed to offer low-rate mortgages to employees of high-tech companies in the city. Under the SmartRiverside Mortgage Incentive Program, qualified borrowers are eligible for discounted rates on a variety of loan products, including 100% financing and home equity lines of credit. Participants will be charged a flat lender fee as well as having a personal bank loan specialist assigned to them to assist them through the process.
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A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union industry's longstanding exemption from most federal taxes, but the issue is far from settled.
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Citizens & Northern's deal for Susquehanna Community is the eighth involving a Pennsylvania seller in less than two years. An industry consultant based in the Keystone State expects the pace to slow as the number of buyers dwindles.
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The fintech's first-quarter earnings results beat analysts' expectations on nearly every metric. Now, the second-look lender is looking to partner with regional banks as it builds out its pre-screen and lead generation platforms.
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President Donald Trump has signed two Congressional Review Act resolutions nullifying the Consumer Financial Protection Bureau's rule capping many overdraft fees and subjecting large data brokers to regulation.
May 12