SCHENECTADY, N.Y. – Sunmark FCU announced yesterday it has acquired a local insurance agency, Hallmark Services, which provides property and casualty coverage. The $340 million credit union will use the agency to expand the insurance business it started a year ago. Hallmark Services is located in nearby Colonie.
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The Independent Community Bankers of America argue in a new lawsuit that the Office of the Comptroller of the Currency is exceeding its statutory authority in granting trust charters to crypto companies.
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Apollo's chief economist may be premature on the idea that AI agents will drive people into higher-rate savings products. But he's not that premature.
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The economy added just 29,000 jobs in September, far below economists expectations, though the unemployment rate remained steady, indicating softening in the labor market.
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Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.
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FiCare asked a judge to stop Fiserv from using automated checks to lift fraud holds. Fiserv says the credit union could have turned on one-time passcodes.
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