YOUNGSTOWN, Ohio-Associated School Employees CU has agreed to acquire Greater Warren Community FCU, its second merger of the year. The two mergers will double the CU's assets to more than $140 million. In April ASECU acquired Cavalier FCU with $20 million in assets. Greater Warren Community FCU has $60 million in assets.
The nation's largest bank is optimistic about its overall performance this year, but CEO Jamie Dimon still thinks there's a bigger chance of stagflation than markets are anticipating.
The Cincinnati-based bank has partnered with the fintech Trust & Will to make estate planning easy, accessible — and free.
The Consumer Financial Protection Bureau has withdrawn guidance that allowed states to bring enforcement actions broadly under federal consumer protection laws.
Despite a low overall threat level for the sector, experts say banks face evolving risks from AI-enabled fraud and state-sponsored hacking.
The Connecticut-based community bank announced a raft of new board and executive appointments, giving shape to a new strategy aimed at winning more business from high-net-worth individuals.
The tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover. That blockbuster deal closed on Sunday.
