NASHVILLE, Tenn.-Volunteer Corporate CU has formed a partnership with Sallie Mae to offer the Smart Option Student Loan program to member CUs. Sallie Mae said with the Smart Option Student Loan, students pay interest while in school and graduate with less debt compared to other longer-term private loan alternatives in which no payments are made until after graduation. A typical freshman can save 30% to 50% on finance charges over the life of the loan.
A portfolio review initiated by BCB Bancorp's new CEO, Tom O'Brien, led to a spike in nonaccrual loans at the Bayonne, New Jersey-based bank.
RIA owners may feel a "moral dilemma" when considering selling their firms to private equity-backed acquirers. But that didn't prevent PE involvement from reaching a record high in M&A deals in the second quarter.
The deal bolsters Zions' ability to serve multifamily customers and creates a natural extension of its affordable housing lending program, management said.
The card network is buying behavioral fraud detection already running at three of the four largest U.S. banks, including Wells Fargo.
Trust protectors can help protect against irresponsible trustees and other dicey situations that could put grantors' wishes at risk, estate lawyers say.
In a webinar last week, Humanity Labs CEO Andrei Pop discussed "the transformative power" he said Mariner's new AI workforce will bring to the firm.
