Eastern Financial Florida Credit Union, said it netted $1.8 million in loans in March as a result of an on-site car sale at which members bought more than 88 new and used cars. The credit union, which worked with AutoAdvisors in assembling the sale, said that more than 500 people turned out for the 10-hour event at which rates as low as 3.99% were available. EFFCU also recognized Teller Loran Danford, who learned of one member who wanted to visit the sale but did not have a car. Danford gave up her day off and drove the member to the sale, where she bought a car.
-
The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.
September 25 -
As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.
September 25 -
The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.
September 25 -
The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.
September 25 -
The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.
September 25 -
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
September 25










