NEW BRITAIN, Ct. – Polam FCU, a Los Angeles-based credit union serving the Polish-American community, said last week it plans to build a new east coast office to serve the city’s large Polish-American population. The $50 million credit union acquired property across from its Broad St. branch where it plans to build a five-story office building. New Britain has the largest population of Polish immigrants in Connecticut and is often referred to as New Britski.
Meta's Muse digital assistant and fintechs have drawn lots of attention, but Amex contends it can harness its long history and ample data to train its internally developed artificial intelligence agents.
What can banks learn from developments around consumer-facing apps like Muse about the future norms they will inevitably have to navigate.
As a significantly underrepresented group in the industry, Black planners and other wealth management professionals of all backgrounds have been tapping into the Quad-A network and professional development opportunities for decades.
Advisors may want to rethink one of the industry's retirement rules of thumb. Two researchers suggest swapping the traditional 4% withdrawal rate for a "flexible 3%" rule to lower failure rates for longer time horizons.
Peoples Bancorp, which has been hovering just below a key regulatory threshold, plans to get to $14 billion of assets with its planned acquisition of Maryland-based Capital Bancorp.
The Federal Reserve Office of the Inspector General issued its much-anticipated report on the ongoing renovations at the central bank's Washington, D.C., headquarters and found no criminal wrongdoing.
