PHILADELPHIA – Freedom CU offered 7.5% rate on new CDs or IRAs to mark its 75th anniversary.
The special-rate CDs and IRAs, which were offered to new members, had a one-year term and $1,000 maximum.
More than 440 new members took advantage of the special CD and IRA offer. As part of the promotion and anniversary celebration, Freedom representatives served cake and refreshments at the three core branches.
The group behind the proposed Georgia Skyline Bank says recapitalizing a 24-year-old Virginia bank offers a faster path to success than a new charter would.
IDScan.net removed the pages naming its bank and credit union integrations after KrebsOnSecurity traced 153 million license scans to the company.
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The controlling owner of Santa Fe-based Century Financial Services Corp. wound up in bankruptcy court. Now his 71% stake is on the verge of being sold to an Oklahoma bank.
Swift's network of 11,500 banks can exchange deposit tokens in a standardized way.
The big three's trade group has said they operate legally and protect the industry with a trio of reports. FHFA also is opening up VantageScore for all lenders.
