WASHINGTON – The credit union community has pledge $2 million to help build and maintain a memorial to the Rev. Martin Luther Kind that is being built in Washington. Members of the African-American CU Coalition have pledged to raise half of that, $1 million. The Coalition has already received pledges for about $280,000 for the project, which is slated for completion in 2008. Plans call for a statute and memorial to be built on the National Mall, near the Lincoln Memorial. The credit union contribution is expected to be contributed to a $34 million trust fund that will pay for maintenance of the memorial.
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Kyle Horn, the owner of a precious-metals dealer in San Diego, says his Bank of America account, which had about $50,000 in it, has been frozen for 18 months. He's suing to get his money back — and to win protections for other customers like him.
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Acquiring Huron Valley Bancorp will expand Bank of Ann Arbor's footprint in suburban Oakland County and give it a toehold in a part of that market it's been eyeing.
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The conservative-aligned bank still plans to go public, but will do so in a way that bypasses the need for the Federal Reserve's approval. Old Glory's CEO said the Fed failed to approve its recent application because the bank is "pro-crypto."
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While the three largest lenders now offer VantageScore, Bank of America Securities says two agency pulls boosts consumers scores, no matter which model.
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Delays in Western Union and International Money Express' proposed merger have forced the companies to refile with antitrust regulators, which could trigger a new 30-day waiting period that could cause further delays.
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Paxos Lab's digital token enables users to bet on gold leasing, another hedging option to traditional banking, stablecoins and cryptocurrency amid geopolitical pressures
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