Tom Landry of Athol (left) and Bill Anderson unveil the birthday cake that they and their fellow students at Monty Tech baked for Workers' Credit Union's 90th Birthday Celebration. They both received $250 for creating the winning design. The credit union asked the students in the Culinary Arts Department to create designs that depicted its heritage and service to the community. The cake, the largest ever the school has created, fed more than 600 people The $450-million Workers Credit Union was the sixth CU founded in Massachusetts, beginning its life with a desk in the corner of a local newspaper's office.
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Lendistry, one of the nation's fastest-growing SBA 7(a) lenders, is getting a $25 million infusion from TD's community development arm.
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The fintech, which powers debt collections for banks and credit unions, received a "strategic investment" from Vista Equity Partners to expand into agentic AI.
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The payments company has used an acquisition of digital asset firm Bridge to gain ground, reminiscent of how fintechs have honed in on banks' payment turf for years.
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President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to remain in office pending the outcome of her lawsuit challenging Trump's move to fire her late last month.
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The Toronto-based bank named Rahul Nalgirkar as incoming finance chief. Nalgirkar, who joined BMO in 2022 from Fifth Third, will succeed the retiring Tayfun Tuzun, who came to BMO in 2020 after working at Fifth Third.
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