Navy Federal Credit Union plans to open two branches next year in Colorado Springs, the home of the Air Force Academy.
Navy Federal was chartered to serve personnel of the U.S. Navy and Coast Guard. Last month it received approval from the National Credit Union Administration to serve Army and Air Force personnel.
The $35 billion-asset Navy Federal operates 150 branches in 24 states and 10 other countries, and plans to open 180 branches over the next six years.
Federal Reserve Gov. Michael Barr appears to be among the majority of monetary policymakers who foresee at least one more rate hike before the end of the year.
UBS wants to keep its advisors happy and in their seats. As a result, its 2027 compensation policies avoid the usual grid-update mixture of "good news, bad news."
Banks are playing a key role in financing the buildout of artificial intelligence. If the industry falters, they will have much to lose — and that would be bad news for the global economy.
Industry lawyers and experts say the latest wrinkle in a long-running LPL-Ameriprise recruiting dispute shows why advisors should strongly consider retaining their own legal counsel when changing firms.
First Financial Bancorp in Cincinnati named Chief Financial Officer Jamie Anderson as president. The move positions Anderson as heir apparent to CEO Archie Brown, according to one analyst.
A federal judge said recent preemption rules from the National Credit Union Administration would bar Illinois from enforcing its interchange fee restrictions against federal credit unions.
