FORT ATKINSON, Wis. - (04/03/06) A bonus dividend declared by FortCommunity Credit Union of $1.1-million is being distributed in asomewhat unique way. The credit union said it will return $602,500to the community and $538,000 to its members. Among thebeneficiaries in the community will be $60,000 for new seats at theJefferson High School Auditorium, $5,000 for Jefferson SchoolDistrict classroom equipment, $5,000 for the Character EducationProgram, $5,000 for the Jefferson Community Foundation CornerstoneProject at city hall, $15,000 for the shelter at Rotary WaterfrontPark and $10,000 for a new scoreboard at Fischer Field. The creditunion is also donating $100,000 to the Hoard Historical Museumbuilding campaign and $100,000 for the Dwight Foster Public Librarybuilding campaign, while another $50,000 will divided up amongother groups. The $1.1-million represents 73% of the creditunion¹s earnings.
-
While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
3h ago -
The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
5h ago -
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
7h ago -
As banks consider their strategies, other big names are also considering a role for digital assets.
7h ago -
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
9h ago -
Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
10h ago