SOUTHBRIDGE, Mass. – Southbridge CU made four grants of $1,000 each to organizations in its Community Champions Fund.
The 2010 recipients of grants are Auburn Bryn Mawr Elementary School, the ARC Center of Hope of Southbridge, Sturbridge Nursery School and the Jacob Edwards Library. The Community Champions Fund began in 2003.
The theme of this year’s awards was financial education and literacy.
The federal government has largely stepped back from enforcing antidiscrimination laws in lending and housing. Under a recently passed bill, regulators in the nation's most populous state would seek to fill the void.
The Federal Reserve's Office of the Inspector General found inconsistencies in how reserve banks execute their search processes and review stock holdings for prospective directors.
RIAs who work with Charles Schwab have long worried Schwab competes with them for business. Could Vanguard's pending purchase of Altruist put Altruist RIAs in the same position?
Banks are more prone to say artificial intelligence model performance has a high level of risk than credit unions, according to new American Banker research.
The bank's strategy for getting from experimentation to measurable ROI is a model others should consider.
Regulators issued a joint statement Wednesday clarifying that banks can discuss facts surrounding suspicious activity with customers so long as they do not disclose the existence of a suspicious activity report explicitly.
