ROCHESTER, N.Y. - (06/23/05) -- The Summit FCU said it has joinedwith Niagara Frontier Transportation Authority to form their ownsmart commute initiative that will aid people who buy homes nearpublic transportation. The program, called the Buffalo NiagaraSmart Commute Initiative, will allow the credit union to add aportion of transportation savings to the income of qualified homebuyers within a half mile of the NFTA's Metro rail system or a busstop. Officials said the monthly savings could be worth $200 forone-wage earner households and $250 for two wage-earner families.Added incentives include a 3% down payment on the purchase of ahome and a six-month free passes for bus and rail use.
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The top five banks and thrifts have combined total assets of nearly $13 trillion.
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Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.
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