Doug Stang, a former State Representative from Cold Spring, Minn., has joined lobbying firm Lockridge Grindal Nauen, which represents the Minnesota Credit Union Network as its outside lobbying firm. LGN has practices in both the state capital, St. Paul, and Washington, D.C. A Republican, Stang is familiar with credit unions, having authored the Credit Union Protection Act in the legislature in 2002. He was first elected to the House in 1996 at age 22.
For months, United Bancorporation of Alabama avoided a public clash with two unhappy shareholders. But after the duo demanded seats on the board of directors, the bank finally clapped back.
Financial advisors would be wise to treat "health span" like an investment portfolio to better prepare clients to afford and enjoy longer retirements, a researcher said.
The payments fintech announced that it has applied for a national trust bank charter from the OCC for both bitcoin and stablecoin custody.
Treasury Secretary Scott Bessent said the agency's long-dated Treasury bond buybacks are intended to improve liquidity on the long-dated end of the market rather than influence monetary policy.
OpenReserve, a proposed digital bank built by former MoneyLion executives, is the next bank seeking to bring digital asset technology to institutional banking.
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
