PALMYRA, Pa. – Members 1st FCU has acquired a seven-acre plot and is asking for town approval to subdivide it into three plots for a commercial development. The $1.2 billion credit union plans to build a branch at the site and has sold one parcel to Ride Aid for a new drugstore. The third plot is designated for a restaurant or other high-use business. The plans were reviewed by local residents in a public hearing Tuesday night.
Thought to be the smartest person in the room, Lake's ability to parse data to solve problems drove a ROE of 32% for her unit in 2025.
Larger public companies' high-profile servicing acquisitions tend to get the spotlight, but the two top leaders in the Ginnie MSR market are quieter players currently run as private companies.
In addition to proposing broader access to private market investments for those who pass a test and for CFPs and other credential holders, the SEC also proposed expanding advisors' ability to charge performance-based fees.
Meta's Muse digital assistant and fintechs have drawn lots of attention, but Amex contends it can harness its long history and ample data to train its internally developed artificial intelligence agents.
What can banks learn from developments around consumer-facing apps like Muse about the future norms they will inevitably have to navigate.
As a significantly underrepresented group in the industry, Black planners and other wealth management professionals of all backgrounds have been tapping into the Quad-A network and professional development opportunities for decades.
