LAKELAND, Fla. -
The dividend represents a 6%, one-time interest payment on eligible balances as of June 30, MIDFLORIDA reported.
Thanks to the merger, MIDFLORIDA FCU now has $1.17 billion in assets and 128,000 members.
The White House's top economist says inflation is already at the Fed's 2% target and suggested that further rate hikes could jeopardize growth.
The New York-based bank says the small-business fintech's cheaper deposits will help reduce its reliance on costly wholesale sources.
The Federal Reserve's Office of Inspector General released a report Monday highlighting weaknesses in how information security incidents are identified and resolved.
Citi is an aggressive customer of and investor in AI companies. Arvind Purushotham, head of Citi Ventures, shares what he's currently looking for.
Zervos has argued that the Federal Reserve's monetary policy is too restrictive and backed Treasury's expanded buybacks of long-term debt.
Comptroller of the Currency Jonathan Gould said he is imposing limits on how many days examiners can spend at banks they oversee, part of the agency's ongoing push to narrow supervision.
