RENO, Nev. – Sierra Pacific CU paid its members a special interest dividend of half-a-percent (0.50%) on their regular share accounts, believed to be the only Nevada credit union still paying an interest dividend. The payout, which amounted to about $100,000, was credited to members’ accounts on December 31. Sierra Pacific CU has 3,800 members.
In their "bridge to wealth" study, Cerulli Associates and Morningstar look at how advisors can turn defined contribution plan participants into individual wealth management clients.
It's not about crypto, it's about payment cadence: How faster pay wins consumer loyalty
The agencies step in after Congress torpedoed the Clarity Act; but the lack of rules isn't what's holding crypto back.
Fincen also formally dropped a 2020 proposal on rules for self-custodied crypto wallets, citing the Trump administration's deregulatory agenda.
Kyle Horn, the owner of a precious-metals dealer in San Diego, says his Bank of America account, which had about $50,000 in it, has been frozen for 18 months. He's suing to get his money back — and to win protections for other customers like him.
Acquiring Huron Valley Bancorp will expand Bank of Ann Arbor's footprint in suburban Oakland County and give it a toehold in a part of that market it's been eyeing.
