HARRISBURG, Pa. - (04/25/05) -- State officials last week notifiedresidents in five counties who receive court-ordered child orspousal support that they will begin receiving those payments ondebit cards. Recipients who do not get their payments deposited ina credit union or bank account will receive state issued EPPIcards.The cards, which are MasterCards issued by Comerica Bank ofDetroit, will allow recipients to by goods directly from retailersand get cash back or to tap their ATMs for cash. State officialsplans to expand the program to all 600,000 child andspousal-support recipients statewide by August.
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The Pittsburgh-based bank's solid third quarter comes weeks after it announced it plans to acquire a Colorado bank for $4.1 billion.
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Bridge will join a number of digital asset firms vying for the coveted charter, seizing on the crypto-friendly environment in the second Trump term.
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Treasury laid off all of its Community Development Financial Institution Fund staff on Friday, with the reduction in force notices saying that the department plans on abolishing the fund.
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After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
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The San Francisco-based banking giant reported a 9% annual jump in quarterly profits. It also made official its appointment of CEO Charlie Scharf as chairman.
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The megabank's multiyear effort to simplify its business model and improve its risk management is starting to pay off in the form of more consistent profitability and improved returns, CEO Jane Fraser told analysts.
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