BIDDEFORD, Me. - (08/13/04) -- Ocean Communities FCU said it hasbegun a series of events aimed at encouraging reading appreciationamong children. The 'Marty Moose Reading Is Fun Program,' named forthe credit union's mascot, will kick off August 25 at the creditunion's Sanford branch, where State Rep. Jonathan Courtney will bethe first guest reader. Free refreshments will be served and eachchild will receive a free book and bookmark. The credit union plansto host reading hours like this one at its four branches throughoutthe year.
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Stephen J. Scott, an investigator hired to audit the Federal Reserve's handling of Silicon Valley Bank before its collapse, says the probe is focused on "facts, not politics." But more than three years on, the biggest question surrounding the U.S.'s second most costly bank failure for many is who bears the blame.
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The digital banking fintech expects to reach profitability this year as it recovers from a post-2021 valuation drop with three consecutive years of growth.
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National Capital Bank, founded in 1889, and Old Dominion National Bank, founded in 2007, are combining with plans to take the merged entity public.
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Early Warning Services' peer-to-peer payment platform Zelle is launching its own stablecoin, ZLUSD, which will allow it to open its network to remittances abroad. India will be the first country.
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As competition for diners' spending heats up, the card company agreed to pay $700 million for the European reservation and management platform.
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A letter released publicly from the Government Accountability Office on Monday underscored previously raised concerns about the Federal Deposit Insurance Corp.'s lack of "rotation" requirements for case managers on bank supervisory teams.
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