LANCASTER, Penn. – United People’s FCU, a 25-year-old credit union chartered to serve employees of St. Joseph Hospital, was granted a trade, industry or profession-wide charter to serve all health care employees in Lancaster County, NCUA reported yesterday.
The TIP charter granted the $6 million credit union is the first TIP charter granted by NCUA since last March.
Fund managers are seeking to change the way banks think about Community Reinvestment Act investing.
As short-term liquidity products gain popularity with consumers, credit unions are looking for new ways to keep their members from looking elsewhere.
Columbia caught the attacker still inside its systems on Dec. 19, three days before the access window closed, then took four months to notify customers.
Unlike several other large banks, neither Citi nor Citizens Financial Group is interested in expanding their retail branch presence beyond their existing footprints. Both say they see plenty of growth opportunities in those markets.
Federal Reserve Gov. Michael Barr Thursday warned against efforts to shrink the central bank's balance sheet, saying that effort could undermine financial stability and disrupt money markets.
As Americans lose more money to scams every year, the nation's largest bank has made a major investment in anti-fraud efforts.
