ELGIN, Ill. – Valley Bell CU is partnering with the state Treasurer’s office to encourage green auto lending. Under the “Green Rewards Program,” members who finance a new hybrid, electric or fuel cell vehicle purchase through the credit union will be eligible for a $1,000 rebate from the Treasurer’s office. The National Bank & Trust Co. also is participating in the program. Rebates will be available for 2,000 buyers on a first-come, first-served basis.
There are several options for smaller banks, including working with an agent bank, according to payment experts.
The sixth bank failure this year shows that even as the industry overall is very profitable, there are pressures on a lot of banks that aren't the biggest.
Bankers have taken out ad buys against incumbent Republican Senator Roger Marshall of Kansas as he struggles to hold what has traditionally been a ruby-red Senate seat.
The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.
As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.
The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.
