CHATSWORTH, Calif. – Telesis Community CU introduced a new five-month CD yesterday paying 10% APR.
The "Hang Ten" certificate is available for new and existing members who open their first Telesis checking account with direct deposit, and can be opened with a minimum deposit of $500 and a maximum of $2,000.
The Hang Ten certificate will be available through the end of August.
Banks are playing a key role in financing the buildout of artificial intelligence. If the industry falters, they will have much to lose — and that would be bad news for the global economy.
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First Financial Bancorp in Cincinnati named Chief Financial Officer Jamie Anderson as president. The move positions Anderson as heir apparent to CEO Archie Brown, according to one analyst.
A federal judge said recent preemption rules from the National Credit Union Administration would bar Illinois from enforcing its interchange fee restrictions against federal credit unions.
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The former top executive at Nodus International Bank in Puerto Rico was sentenced to more than nine years in federal prison after he pleaded guilty to Venezuela sanctions evasion and wire-fraud conspiracy.
