CUPAC, the New York State Credit Union League's state political action committee, is selling commemorative military coins as a means of raising funds. The "Armed Forces" collection of eight coins was minted as a tribute to the men and women serving in the Army, Navy, Air Force or Marines, with the reverse of the coins engraveable for those wishing to include a personal commemoration or message. Also available are four "Freedom Will Endure" coins commemorating the four branches of our Armed Forces, and an "Operation Iraqi Freedom" coin. Each coin costs $21.95. If 10 or more are purchased, the price per coin decreases to $17.50, with a portion of the proceeds going to CUPAC.
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After passing the Federal Reserve's stress tests with high marks, large banks announced dividend increases. In some cases, they also said the Fed had conceded that certain prior calculations needed to be revised.
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A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
July 1 -
The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
July 1 -
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
July 1 - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
July 1 -
The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
July 1