CHAMBERSBURG, Pa. – Patriot FCU said it paid a bonus dividend to its 41,000 members for the third straight quarter. Bonus dividends were credited to members’ savings accounts on Sept. 30: 3% on dividends earned for the third quarter; and 3% on qualifying loan interest paid by members during the same period. The $390 million credit union has paid members a total of $1 million in bonus dividends through the first three quarters of the year.
The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.
As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.
The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.
The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.
The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
