GTE Financial Continues Tradition of Giving 12/20/2024 12:30 pm TAMPA, Fla.--GTE Financial this year has continued its tradition of giving back to the Tampa Bay community through its Make Hope Real initiative.
Westerra Credit Union Distributes $10,000 to Educational Foundations 12/20/2024 01:31 pm DENVER--Westerra Credit Union has distributed $10,000 to educational foundations in the Denver area following the launch of its “Deck the Hallways” initiative.
21st CU/Bank Acquisition Of 2024: Hanscom Federal Credit Union To Buy Peoples Bank 12/23/2024 06:33 pm LITTLETON, Mass.—The $1.8-billion Hanscom Federal Credit Union here has agreed to buy $300-million Peoples Bank, based in Chestertown, Md., the credit union reported.
CFPB Files Lawsuit To Stop Illegal Kickback Scheme To Steer Borrowers To Rocket Mortgage 12/23/2024 02:15 pm WASHINGTON—In its second enforcement action announced on Monday, the CFPB—as it remains busy before the Trump Administration takes office—has sued Rocket Homes to stop them from providing incentives to real estate brokers and agents in exchange for steering homebuyers to Rocket Mortgage for loans.
Cost Of 12 Days Of Christmas Rises 5.4% In 2024 12/23/2024 06:32 pm PLANO, Texas—Based on the gifts in the holiday song classic The 12 Days of Christmas, a True Love will be spending significantly more money as Dec. 25 arrives.
Fed Seeking Public Comment On 'Significant' Changes To Improve Transparency Of Bank Stress Tests 12/23/2024 06:36 pm WASHINGTON—In view of the “evolving legal landscape,” the Federal Reserve said it will soon seek public comment on significant changes to improve the transparency of its bank stress tests and to reduce the volatility of resulting capital buffer requirements.
OCC Slaps BofA With Cease-And-Desist Order For BSA Shortcomings 12/23/2024 06:05 pm WASHINGTON—The Office of the Comptroller of the Currency has taken action against BofA, issuing a cease-and-desist order due to significant shortcomings in the bank’s compliance with the Bank Secrecy Act (BSA) and its sanctions programs, the Wall Street Pit reported.
