HAWTHORNE, Calif. SkyOne FCU, the $350 million former FAA employees’ credit union, will pick up a Gardenia branch with the merger of $20 million AM FCU.
AM FCU, the one-time Arden Dairy employees’ credit union, reported a $38,000 net for the first six months of 2013, but has had losses for each of the previous six years.
The merger was approved by the AM FCU membership on August 21, 2013.
The Federal Communications Commission proposed a $4.5 million fine against Voxbeam Telecommunications, which it accused of facilitating fraud scams. Many of the calls spoofed phone numbers belonging to American banks.
New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
The Cincinnati bank's Newline business is now its fastest growing commercial payments segment.
After French authorities stopped a bomb plot against a Bank of America office in Paris, security experts warned banks to step up their preparations for terror attacks.
The largest crypto theft of 2026 hit Drift Protocol after attackers exploited a small security council, putting a spotlight on DeFi vulnerabilities.
The cryptocurrency exchange is the latest digital asset firm to receive a trust bank charter from the Office of the Comptroller of the Currency.
