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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Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
2h ago -
Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
September 17 -
Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
September 17 -
St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
September 17 -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
September 17