BOULDER, Colo.-Premier Members FCU plans to absorb the $72-million Colorado United CU via a merger pending approval by the latter's members. Once completed, the merged institution will have $400-million in assets, 11 branches and serve 40,000 members. Colorado United's CEO, Branda D. Abbott will remain with the organization as president and chief operating officer. Colorado United CU began its life as Adams County School District's CU in 1952.
Rebecca Kelly Slaughter's firing from the Federal Trade Commission spurred a lawsuit that led to the Supreme Court overturning Humphrey's Executor and ending agency independence. Slaughter says she will continue to work on consumer protection issues.
Tazapay's last-mile infrastructure will help Circle expand its own infrastructure and USDC distribution in the Asia-Pacific region and emerging markets, where demand for USDC-denominated transactions is growing.
A consumer inflation expectations survey released Tuesday showed households expect inflation to be 3% or higher through at least the next five years.
The theft of 153 million drivers' licenses highlights the danger of having a small number of vendors serve an entire industry.
Research finds consumers are using billers' websites to make payments, largely snubbing banks' sites.
A recently finalized joint rule from the Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. raises the bar for formal supervisory criticism, putting more of the responsibility for managing downside risk on banks.
