CINCINNATI – Six credit unions will share in $1.3 million in mortgage counseling and foreclosure prevention grants awarded Friday by the Federal Home Loan Bank of Cincinnati.
The grants were awarded under the FHLB’s Preserving the American Dream program and are aimed at assisting troubled homeowners in 44 Ohio counties.
The credit union recipients include: Wright-Patt CU, Clyde-Findlay Area CU, Directions CU, First Ohio CU, Fremont FCU and Superior FCU.
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.
Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
The former top executive at Nodus International Bank in Puerto Rico was sentenced to more than nine years in federal prison after he pleaded guilty to Venezuela sanctions evasion and wire-fraud conspiracy.
The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still stand out with the right attributes, and they must find the right fit in the process.
