MENOMINIE, Wis. WESTconsin CU paid members almost $1 million in bonus dividends and interest rebates on Dec. 31.
For accounts with both deposits and loans, two deposits were issued.
“We think this is a great way to reward members of WESTconsin Credit Union for their support and patronage,” said Greg Lentz, president of the $760-million credit union.
Sens. Thom Tillis, R-N.C., and Angela Alsobrooks, D-Md., have released compromise language on stablecoin yield for a long-awaited crypto market structure bill, clearing the way for a markup in the near future.
The FDIC moved quickly on Friday to sell $288 million in assets Community Bank and Trust – West Georgia to Anchor Bank, but the sale announcement leaves the fate of $27 million in uninsured deposits to be determined.
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Banner Bank is poised to merge with Bank of the Pacific in an all-stock deal valued at $177 million. The two Washington-based commercial banks both have branches in Washington and Oregon.
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