PITTSFIELD, Me. - (03/16/06) Sebasticook Valley FCU said itplans to build a new corporate headquarters on a plot off ofInterstate 95 here. The two-story, brick and clapboard 8,000square-foot building will also house a branch of the $32 millioncredit union. Groundbreaking on the project is scheduled for earlyJune. The credit union currently has 19 employees and twolocations, with the main offices in Pittsfield and a branch inNewport.
U.S. banks have passed the Federal Reserve's stress tests with flying colors, again. It makes you wonder if the stress tests are actually stressful enough.
Whether advisors choose individual stocks or not, the SEC's proposal to allow semiannual reporting rather than quarterly could impact clients' portfolios.
Many clients avoid consolidating their assets at a single firm because they don't want the hassle. Advisors say it's important when to know not only when they're most likely to want to move assets, but also what to say.
The Consumer Financial Protection Bureau is overhauling its consumer complaint portal after receiving 6.6 million complaints last year, more than double the 3.2 million in 2024, citing abuse by credit repair firms and social media influencers.
The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.
Colony Bankcorp has reached a $163 million deal to acquire Florence, South Carolina-based First Reliance Bancshares.
