ELY, Nev. - (04/10/06) Credit a save for GreaterNevada CU. The Carson City-based credit union came up with a $2,500donation to help the local White Pine American Little League payadditional costs mandated by new safety rules. The little leaguewas forced to replace all of its bats and bases to comply with newsafety rules mandated by Little League International. Therulemaking authority for the nations little leagues requiredthat softer bats be used because the old aluminum bats hit ballstoo hard; and breakaway bases that give ground when a player slidestoo hard or the wrong way into them. The league is also faced withadditional other additional costs for first aid kits, charter feesand concessions stands.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
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St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
September 17 -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
September 17 -
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
September 17