JACKSONVILLE, Ark. - (11/04/04) -- Arkansas FCU said it will paymembers a 3% bonus dividend effective for the 4th quarter of 2004.The bonus will boost the APY on members share savings accounts forthe quarter to 4%, and marks the eighth bonus dividend paid in theprevious 11 years to members. The $382-million AFCU serves 58,000people.
The Treasury Department Wednesday proposed a set of rules that would require stablecoin issuers to abide by risk-based anti-money laundering programs similar to those that banks must employ, as well as secondary market monitoring and independent testing by issuers.
Closing its Brex acquisition adds a corporate-focused fintech and new agentic commerce tools to an already considerable consumer payments division.
American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.
A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.
Organizers of the Winter Park-based Portrait Bank said they exceeded their capital-raise target by a wide margin, clearing the path for a June soft launch.
