BEAVERTON, Ore. - (01/13/06) Rivermark Community CU willaward three college scholarships to members who are graduating highschool seniors this year. Two scholarships will be for $2,000 andone for $1,000. The grants will be awarded on the basis ofcommunity and school activities, leadership potential, academicachievement and financial need.
The bank released reserves it no longer needed because credit outperformed. An accounting switch means that line runs close to zero by the fourth quarter.
More than two dozen community banks submitted letters to the Federal Reserve expressing concern that its proposed "skinny" payment account framework could put them at a competitive disadvantage.
Ultrawealthy clients looking to reduce taxable estates might consider spousal lifetime access trusts, but too-similar dual trusts can backfire.
The GOP senator's push comes as UBS continues withholding records tied to predecessor Credit Suisse's World War II-era dealings.
CEO Enrique Lores acknowledged interest in the payment company, saying that while PayPal remains focused on its revenue-generating plan, it is "open and objective" about the path forward.
Heading into this week's Federal Open Market Committee meeting, the Fed's core indicators are painting a different picture of the economy than real-time measures, injecting more uncertainty into Wednesday's FOMC meeting than usual.
