In recognition of Financial Literacy Month, NCUA Chairman JoAnn Johnson participated in a "Day of Hope" with government and national leaders involved in civil rights and economic empowerment here on April 12. In addition to participating in the financial teaching marathon at Jean Childs Young Middle School, Chairman Johnson served as a panelist on "From Civil Rights to Silver Rights: The Dawning of a New Movement in the 21st Century America" with a number of other financial industry executives.
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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.
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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.
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State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
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The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
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