ALEXANDRIA, Va. – Pentagon FCU on Wednesday announced it has signed a contract extension until 2017 for credit and signature debit processing with PSCU Financial Services.
The $15-billion credit union has more than 550,000 total credit accounts, 137,000 signature debit accounts and more than 1 million members. It has been a member-owner of the nation’s largest CUSO since 1990.
American Banker research finds that while more than 30% agree buy now/pay later is good for banks and consumers, the majority of respondents are unconvinced.
The Iran war's disruptions have sent oil prices jumping, but drillers are far more disciplined than they were a decade ago.
The litigants, with some of the industry's deepest pockets, may be filing the rare cases to flag and potentially punish bad brokers, one expert said.
Sens. Thom Tillis, R-N.C., and Angela Alsobrooks, D-Md., have released compromise language on stablecoin yield for a long-awaited crypto market structure bill, clearing the way for a markup in the near future.
The FDIC moved quickly on Friday to sell $288 million in assets Community Bank and Trust – West Georgia to Anchor Bank, but the sale announcement leaves the fate of $27 million in uninsured deposits to be determined.
Market watchers think Jerome Powell will maintain a low-key presence on the Fed board as he awaits the release of an inspector general report examining cost overruns at the central bank's headquarters.
