ERIE, Penn. – Erie FCU said it has received a $10,000 grant from the Pennsylvania CU Foundation to fund its financial education program. The credit union has partnered with the Erie Times, Newspapers in Education, Junior Achievement of Western Pennsylvania, United Way and Penn State Erie in a financial literacy project that actively involves 6,000 students in 65 schools and their families within the local community. Credit union employees will serve as guest speakers in classrooms and after-school programs to bring hands-on financial literacy education to teachers, students and parents.
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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.
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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.
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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.
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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.
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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.
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As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
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