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.
-
Groups representing community banks and credit unions argue that the Department of Agriculture used a faulty process when it removed 10 lenders from its OneRD loan guarantee program
8h ago -
The Kansas City bank plans to purchase St. Louis-based Nolan & Associates, adding to its investment banking advisory capabilities.
9h ago -
Wise grew its net revenue 19% year over year to $2.5 billion in its fiscal 2026, aided by increased deposits, cross-border volume and spending on the Wise card. It's the latest sign that interest in cross-border payments and multicurrency accounts is heating up.
10h ago -
X Money includes rudimentary functions like deposits and P2P transfers. But it's also laying groundwork for a potential move into agentic commerce and broader financial services — which analysts say is necessary for the app to thrive in a crowded market.
11h ago -
Taktile's backers now include Goldman, Tiger Global and Index Ventures, lifting its total raised to $184 million since 2020.
June 29 -
The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
June 29










