LIVERPOOL, N.Y. – Liverpool Central Schools FCU has changed its name to Edge FCU.
Teachers of the Liverpool Central School District founded the credit union, now $37 million in assets, in 1956. It originally operated from a school, but has been in its own building on Morgan Road since 2004.
Edge said it has seen growth in single employer groups in the past year as it has partnered with another school district, other educational institutions and small businesses.
With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.
Bill Demchak of PNC Financial Services Group got a $10 million raise in 2025. It was the largest pay bump, on a dollar basis, among a group of more than 50 bank CEOs.
BOK Financial and Atlantic Union Bankshares are among the lenders with very low rates of bad loans. They're telling investors it won't last forever.
AI is being used to help investigate red flags and to chat with criminals to find out more about their tactics.
A capital rule overhaul could make bank charters attractive to independent mortgage banks, reshaping who controls home lending in America.
Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.
