BATON ROUGE, La. — A former loan officer at the East Baton Rouge Teachers FCU was sentenced last week to eight years in prison for fraud and money laundering for a $150,000 embezzlement scheme.
Linda Dunn, 59, was also ordered to pay full restitution.
A group of Community Development Financial Institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.
A survey found Medicare Advantage customer satisfaction dropped for the second year in a row. Financial advisors can guide clients as they weigh coverage choices.
Forbright Bank in Chevy Chase, Maryland, which has gathered more than $4 billion in online deposits over the past two years, plans to sell its branch network and focus entirely on digital banking.
A federal grand jury says Garrett Douglas Johnson borrowed against law-firm trust accounts that never existed, using new loans to pay off the old ones.
OFG Bancorp, the parent company of Oriental Bank, has steadily climbed American Banker's rankings of the nation's top-performing banks. Here's how the Puerto Rican bank did it.
A new guide from the CFP Board is meant to help advisors through offering 401(k) rollover recommendations, which can be a tricky area for compliance.
