MECHANICSBURG, Pa. – AmeriChoice FCU said it will merge with Y.T.W. Community FCU, which is losing its CEO to retirement. AmeriChoice has more than $110 million in assets and 12,000 members and the smaller, York-based credit union has almost $20 million and 4,500 members. Y.T.W. manager and treasurer James Brown is retiring which promoted credit union officials to pursue a merger. The Y.T.W. main office will become an AmeriChoice branch.
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The Consumer Financial Protection Bureau initiated a new rulemaking process for its open banking rule with a focus on who can serve as a representative for the consumer and whether banks can charge fees to third parties for consumer data.
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The digital bank gives its business clients the option of feeding their bank account data into Anthropic's large language model, which will then provide answers to their questions.
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The Office of the Comptroller of the Currency Thursday terminated a 2022 enforcement order against Anchorage Digital, the first federally regulated crypto bank, at a time when fintechs and crypto firms are increasingly seeking national trust charters.
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The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.
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