LAWRENCE, Mass. - Merrimack Valley FCU said it contributed $45,000 to local charities to help mark the opening of its new headquarters.
During a celebration last week, Peter Matthews, president and CEO of the credit union, presented Emmaus House of Haverhill with a check for $30,000 and the Merrimack Valley YMCA with a $15,000 contribution. The credit union has been supporting these two charities for seven years.
The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.
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The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.
The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
