MONTPELIER, Vt.-Vermont State Employees CU here has become the first credit union in the Green Mountain State to be approved for statewide charter. The Vermont legislature passed the reform in May 2006, but no credit union had been granted a charter change under the new law since its passing.
The controlling owner of Santa Fe-based Century Financial Services Corp. wound up in bankruptcy court. Now his 71% stake is on the verge of being sold to an Oklahoma bank.
Swift's network of 11,500 banks can exchange deposit tokens in a standardized way.
The big three's trade group has said they operate legally and protect the industry with a trio of reports. FHFA also is opening up VantageScore for all lenders.
OnePay's My Garage combines payments and financial information as it continues to build out a financial app.
While donating stock is a clear win for clients to avoid capital gains taxes, gifts of property require a qualified appraisal to get a deduction.
Two of the banks that collapsed in 2023 were subject to a weaker system of investor-disclosure oversight than most public companies, prompting the government watchdog to call for changes.
