TULSA, Okla. - (01/04/05) -- Tulsa Teachers CU said it paid itsmembers a bonus dividend totaling $1.6 million at year-end. Thepayout was distributed of almost 30,000 members, with the largestamount of $2,400 paid to one member. To qualify members had toreceive at least $36 of interest/dividends on a share account in2004 or paid $125 in interest on a loan. This is the third straightyear the credit union has paid a bonus dividend.
-
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
1h ago -
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
1h ago -
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
3h ago -
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
6h ago -
The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.
11h ago -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
April 24