ALEXANDRIA, Va. - (09/24/04) -- The NCU Board also approved twoother large community charters Thursday. They will allow: FirstCommunity FCU, Parchment, Mich., ($250 million) to expand itscommunity field of membership to cover almost 0ne million people innine counties in the Kalamazoo, Mich., area; and PennsylvaniaCentral FCU, Harrisburg, Pa., ($55 million) to convert to acommunity charter serving 600,000 people in three countiessurrounding the state capital.
Oklahoma's Bank7 may acquire New Mexico's Century Bank by the end of the year. The reason: A wealthy Century shareholder is being forced to sell his shares to satisfy a $40 million debt.
Organizers of Bank of St. George were close to the finish line in 2020 when the COVID-19 pandemic arrived. Now CEO Bruce Jensen says the planned bank should open its doors by the end of the year.
Two executive orders pulled federal deadlines for quantum-proof encryption forward to 2030, after 2026 research cut the cost of breaking today's codes.
The need to scale quickly is adding new challenges to the build vs. buy debate
The private student loan market figures to benefit from Republican-led changes to the much larger federal program. But other consumer lenders could face a fallout as more Americans are forced to reconsider which debt payments to prioritize.
Even though RIAs reached a record size in four important metrics, experts say equity values are masking weaknesses in their organic growth.
