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Published on Sep 22, 2023

Are CDs FDIC insured?

CDs are a guaranteed — and safe — way to grow your money. sarayut Thaneerat/Getty Images A certificate of deposit (CD) can help you grow your savings faster, but you must keep your money in the account for a set period of time — which can feel risky. …

Source: The News Motion - Uncategorized
Published on Sep 22, 2023

FDIC’s Hill: Regulatory agenda may be too packed

Bank regulators are busy evaluating a slew of issues facing the industry months after this spring’s regional banking crisis. At least one regulator — Travis Hill, the Federal Deposit Insurance Corp.’s vice chair — is concerned that they’re trying to juggle …

Source: Banking Dive - Label Pending
Published on 10:56 GMT

Meet the speakers of Nairametrics Tinubu’s first 100 days webinar

Amidst Nigeria’s economic challenges, including forex scarcity, naira devaluation, and mounting debt, the focus naturally turns to the nation’s leadership and the events of the past three months or more that have culminated in the present situation. Ahead …

Source: Nairametrics - Neutral
Published on Sep 21, 2023

FDIC's Hill: Pause new bank regulations amid interest rate environment

Federal Deposit Insurance Corp. vice chair Travis Hill said in a speech Thursday that regulators should table their ambitious rulemaking agenda until interest rates have stabilized, arguing that combining economic uncertainty with regulatory uncertainty …

Source: American Banker - Neutral
Published on Sep 20, 2023

FDIC fights suit by Minnesota bankers over NSF fee guidance

The Federal Deposit Insurance Corp. this week asked a federal judge to dismiss a lawsuit filed by Minnesota banks, the latest development in a battle between banks and their regulators over so-called nonsufficient funds fees.Nathan Howard/Bloomberg The …

Source: American Banker - Neutral
Published on Sep 22, 2023

JPMorgan shutters 14 First Republic branches, more closures expected

Enjoy complimentary access to top ideas and insights — selected by our editors. First Republic Bank failed in April and was placed into the receivership with the Federal Deposit Insurance Corp. The FDIC then sold all of the bank's deposits and …

Source: American Banker - Neutral
Published on Sep 22, 2023

Lowey Dannenberg Notifies Discover Financial Services (NYSE: DFS) Investors of Securities Class Action Lawsuit and ...

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C. announces the filing of a class action lawsuit against Discover Financial Services (NYSE: DFS) (“DFS” or the “Company”) for violations of the federal securities laws on behalf of a class …

Distribution channels: Banking, Finance & Investment Industry, Law ...
Published on Sep 22, 2023

Readout: US Financial Stability Oversight Council Meeting On September 22, 2023

Today, U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of the Financial Stability Oversight Council (Council) in executive session at the U.S. Department of the Treasury (Treasury). During the meeting, the Council heard an update from …

Source: Mondovisione - Neutral
Published on Sep 22, 2023

Capital One expands market share lead in Greater Washington as other large banks slip

McLean’s Capital One Financial Corp. (NYSE: COF) drastically expanded its deposit lead over rival Bank of America Corp. (NYSE: BAC) in the Greater Washington market over the past year, according to new data from the Federal Deposit Insurance Corp. Between …

Source: The Business Journals - Neutral
Published on Sep 22, 2023

Bridgeport bank failure fallout sees Marek Matczuk, owner of home where bank CEO died, found guilty of embezzling $6 ...

More than five years after the president of a politically connected Bridgeport bank was found dead in a customer’s Park Ridge house, a federal jury convicted the homeowner Friday of embezzling $6 million from the bank. Marek Matczuk — who said he did odd …

Source: Chicago Sun Times - Illinois - Neutral
Published on Sep 22, 2023

Ex-banker at center of U.S. indictment of Sen. Bob Menendez

The "facts are not as presented" by prosecutors, Sen. Bob Menendez, D-N.J., send in response to the indictment against him that was unsealed Friday. "They have misrepresented the normal work of a congressional office. ... Those behind this …

Source: American Banker - Neutral
Published on Sep 22, 2023

Chase's Mass. deposits skyrocket, cracking top 10 list

Massachusetts deposits at JPMorgan Chase & Co. have skyrocketed in the one-year period ending June 30, landing it a place in the top 10 largest banks in the state, according to new federal banking data. But, despite the deposits the banking giant got …

Source: The Business Journals - Neutral
Published on Sep 22, 2023

Oregon judge sentences California developer for coronavirus relief fraud

(The Center Square) - A California real estate developer received a prison sentence this week for defrauding the federal government by obtaining federal aid for fake businesses supposedly based in Oregon. Alfred E. Nevis, 53, received a 70-month federal …

Source: The Center Square - Right-wing
Published on Sep 22, 2023

U.S. government shutdown: What closes, what stays open? Many U.S. government services would be disrupted and hundreds of ...

(Reuters) -Many U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed "essential" would remain on …

Source: Yahoo News - Center-left
Published on Sep 21, 2023

US government shutdown: What closes, what stays open?

Sept 21 (Reuters) - Many U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed "essential" would …

Source: Reuters - Neutral
Published on Sep 19, 2023

Lawmakers blast FDIC’s ‘feeble response’ to deposit misreporting

Dive Brief: Sen. Elizabeth Warren, D-MA, and Rep. Katie Porter, D-CA, accused the Federal Deposit Insurance Corp. on Thursday of issuing a “feeble response” after the agency observed some banks are undercounting their estimated uninsured deposits. In a …

Source: Banking Dive - Label Pending
Published on Sep 19, 2023

SVB Financial claims it’s losing $9M a month in FDIC battle

Dive Brief: SVB Financial Group is losing $9 million a month in interest on deposits that regulators seized in March, following the collapse of its subsidiary, Silicon Valley Bank, a lawyer said in court on Tuesday, according to Bloomberg. The parent …

Source: Banking Dive - Label Pending
Published on Sep 22, 2023

Banks may lean on costly 'hot money' to get through higher-for-longer Fed campaign

The Federal Reserve made it clear this week that it sees interest rates staying higher for longer. That is not good news for beleaguered banks already struggling with steeper funding costs. Keeping central bank rates elevated for an extended period of …

Source: Yahoo News - Center-left
Published on Sep 22, 2023

Banking Black: a look at some of the Black financial institutions in operation

By Tashi McQueen, AFRO Political Writer, tmcqueen@afro.com When considering the future of Black wealth, Black owned banks are considered to be a viable means of support for business owners and families alike. “One of the things you look for in a bank is …

Source: Baltimore Afro-American - Maryland - Left-wing

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Published on September 14, 2023 - 19:48 GMT

My Summer As Suicide Saunders, Auto Daredevil

One summer during my student years at UCLA I signed up at the school’s employment office hoping to find a paying job. Maybe as a waiter, or dishwasher, or something menial to help me financially survive the next semester. What I got instead was a job …

Source: Op/Ed
Published on September 22, 2023 - 20:30 GMT

Lowey Dannenberg Notifies Discover Financial Services (NYSE: DFS) Investors of Securities Class Action Lawsuit and ...

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C. announces the filing of a class action lawsuit against Discover Financial Services (NYSE: DFS) (“DFS” or the “Company”) for violations of the federal securities laws on behalf of a class …

Distribution channels: Banking, Finance & Investment Industry, Law ...

Published on September 16, 2023 - 18:27 GMT

PROVO UTAH Based .TranzactCard.com Guru, Scott Gardner, Touts $495 “Z-Bucks” & “FDIC Insured” Solid-Financial-Technology

TranzActCard! is a cutting-edge Visa Debit-Card, which is backed by the FDIC, and provides its’ unmatched customers rewards, shopping benefits and true freedoms CHICAGO, ILLINOIS, UNITED STATES OF AMERICA, September 16, 2023 /⁨EINPresswire.com⁩/ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on September 21, 2023 - 14:30 GMT

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Discover Financial ...

LOS ANGELES, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 31, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise …

Distribution channels: Consumer Goods, Law ...

Published on September 20, 2023 - 20:54 GMT

Agencies extend favorable Community Reinvestment Act consideration of revitalization activities in certain disaster ...

September 20, 2023 Agencies extend favorable Community Reinvestment Act consideration of revitalization activities in certain disaster areas affected by Hurricane Maria Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation …

Distribution channels: Banking, Finance & Investment Industry
Published on September 20, 2023 - 20:15 GMT

Gouverneur Bancorp, Inc. Announces Extension of Community Offering

GOUVERNEUR, N.Y., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Gouverneur Bancorp, Inc. (“Gouverneur Bancorp”) (OTC Pink Marketplace: GOVB), the holding company for Gouverneur Savings and Loan Association (the “Bank”), announced today that Gouverneur Bancorp, Inc., …

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Published on September 20, 2023 - 16:44 GMT

Preferred Bank Announces Quarterly Cash Dividend

LOS ANGELES, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on …

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Published on September 17, 2023 - 20:59 GMT

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial ...

NEW YORK, Sept. 17, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers. The class action, filed in the United States …

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Published on September 15, 2023 - 19:54 GMT

Discover Financial Services Investors Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Deadline in ...

RADNOR, Pa., Sept. 15, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of …

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Published on September 22, 2023 - 21:34 GMT

Witness at House Foreign Affairs Hearing: Sanction Liberian President for Link to Child Sacrifice

Humanitarians in Africa cite a trend: child sacrifice to harvest organs and body parts. WASHINGTON, D.C., UNITED STATES, September 22, 2023 /⁨EINPresswire.com⁩/ -- A witness who testified Tuesday during a U.S. House Foreign Affairs subcommittee …

Distribution channels: Business & Economy, Human Rights ...
Published on September 22, 2023 - 21:16 GMT

AEGIS Defender Now Blocking Snatch Ransomware IPs

The FBI and CISA issued warnings this week on the Snatch ransomware gang, which AEGIS has been blocking the IP addresses they use since 2020. HUDSON, NH, USA, September 22, 2023 /⁨EINPresswire.com⁩/ -- The FBI and Cybersecurity and Infrastructure …

Distribution channels: Business & Economy, Companies ...
Published on September 22, 2023 - 21:04 GMT

Nashville Hitmaker Mason Douglas is on a Mission to Cancel Division with “I Miss America”

Music video features comedy legend and former "SNL" star Victoria Jackson, actress Kelsey Cooke and TikTok star & Groundlings alum Chris Guerra. NASHVILLE, TN, USA, September 22, 2023 /⁨EINPresswire.com⁩/ -- Today marks the release …

Distribution channels: Culture, Society & Lifestyle, Movie Industry ...
Published on September 22, 2023 - 18:42 GMT

ROA calls on Senate Majority Leader to continue moving forward with military promotions

WASHINGTON, D.C., UNITED STATES OF AMERICA, September 22, 2023 /⁨EINPresswire.com⁩/ -- On Friday, Sept. 22, the Reserve Organization of America’s executive director, retired Army Gen. Jeffrey E. Phillips, wrote to Senate Majority Leader Charles …

Distribution channels: U.S. Politics ...
Published on September 22, 2023 - 16:37 GMT

Citrine CH On New Media and Its Development Journey

Weilu CHEN, also known as Citrine CH, an expert with profound insights into new media, shared her perspective on new media. UNITED STATES, September 22, 2023 /⁨EINPresswire.com⁩/ -- With the widespread use of the internet, the term "new media …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on September 22, 2023 - 15:30 GMT

CSI: UN Security Council Refuses to Prevent Genocide and Protect Victims in Nagorno Karabakh

Christian Solidarity International Protests the Biden administration’s “All Words, No Action” Policy ZURICH, SWITZERLAND, September 22, 2023 /⁨EINPresswire.com⁩/ -- CSI notes with deep regret that yesterday, the UN Security Council failed again to …

Distribution channels: Human Rights, Politics ...
Published on September 22, 2023 - 13:47 GMT

Italian American One Voice Coalition Reports Another Success – Columbus Day Preserved in Apopka, Florida

IAOVC thanks the Apopka City Council! NORTHVALE, NJ, US, September 22, 2023 /⁨EINPresswire.com⁩/ -- Northvale, NJ - The Italian American One Voice Coalition (“IAOVC”), America’s largest independent Italian American anti-bias organization, was …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on September 22, 2023 - 10:00 GMT

A 28th Major Improvement to the Integrated Visual Augmentation System

Generating a realistic One World Terrain for enhanced simulation USA, September 22, 2023 /⁨EINPresswire.com⁩/ -- A major reason for the Integrated Visual Augmentation System (IVAS) is to enable a battle to be rehearsed many times before having to …

Distribution channels: Military Industry, Movie Industry ...
Published on September 22, 2023 - 08:09 GMT

Online business growth with the pillars of digital marketing

NOIDA, UTTAR PRADESH, INDIA, September 22, 2023 /⁨EINPresswire.com⁩/ -- Digital marketing has become a staple for businesses in the online realm, yet many are only scratching the surface of its potential. The vast landscape of digital marketing …

Distribution channels: Education, Manufacturing ...
Published on September 22, 2023 - 06:59 GMT

"America's Chaplain" Team Announces GiveSendGo Account for Rev. Steve Lee Legal Defense in Georgia Indictments

ORLAND PARK, ILLINOIS, UNITED STATES, September 22, 2023 /⁨EINPresswire.com⁩/ -- The Team supporting “America's Chaplain,” Steve Lee, has announced a GiveSendGo account for his legal defense and expenses. Lee, along with 19 others, was indicted …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on September 22, 2023 - 15:36 GMT

Boston Public Health Commission Encourages People to Get the Flu Shot Ahead of Flu Season

BOSTON– September 22, 2023 – The Boston Public Health Commission (BPHC) is encouraging all residents ages 6 months and older to get their annual influenza (Flu) vaccination as flu season approaches. Flu vaccination is safe and highly effective at lowering …

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Published on September 21, 2023 - 22:19 GMT

End Diaper Need Act of 2023 Is a Smart Investment in U.S. Children, Says National Diaper Bank Network

NEW HAVEN, CONNECTICUT, UNITED STATES, September 21, 2023 /⁨EINPresswire.com⁩/ -- The National Diaper Bank Network (NDBN) strongly supports the Lee-DeLauro End Diaper Need Act of 2023, which was reintroduced in the U.S. House of Representatives …

Distribution channels: Consumer Goods, Culture, Society & Lifestyle ...
Published on September 21, 2023 - 22:00 GMT

Eddy Andrews Introduces Sustainable Brand Messaging Solutions to Empower Environmentally-Conscious Businesses

BRISBANE, QUEENSLAND, AUSTRALIA, September 22, 2023 /⁨EINPresswire.com⁩/ -- Eddy Andrews Copywrite Services, a leading provider of exceptional copywriting solutions, is proud to announce the launch of its innovative Sustainable Brand Messaging …

Distribution channels: Textiles & Fabric Industry, Travel & Tourism Industry ...
Published on September 21, 2023 - 21:16 GMT

World’s largest philosophy and music festival, HowTheLightGetsIn, will be held on 23 and 24 September, 2023 in London.

HowTheLightGetsIn, 2023 (World’s largest philosophy and music festival) will be historical and might even revolutionize science. INDORE, MADHYA PRADESH, INDIA, September 22, 2023 /⁨EINPresswire.com⁩/ -- The upcoming HowTheLightGetsIn festival - …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on September 21, 2023 - 20:05 GMT

Rutland, Vermont Deploys Government Management Software Across Departments With GovPilot Unlimited Plan

The Vermont city selects GovPilot as provider of cloud-based government management software to streamline operations and constituent services. RUTLAND, VERMONT, UNITED STATES, September 21, 2023 /⁨EINPresswire.com⁩/ -- The city of Rutland, Vermont …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on September 21, 2023 - 19:14 GMT

Governor’s Roundtable on Growing Michigan’s Life Sciences Industry Announced at Statewide Conference

ANN ARBOR, MI, UNITED STATES, September 21, 2023 /⁨EINPresswire.com⁩/ -- The Michigan Biosciences Industry Association (MichBio) will host a “Governor’s Roundtable on Growing Michigan’s Life Sciences Industry” on Tuesday, October 24, 2023, in …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on September 21, 2023 - 18:59 GMT

ClinFocus Harnesses AI to Elevate Data Quality Efficiency in Clinical Data Management

ATLANTA, GEORGIA, UNITED STATES, September 21, 2023 /⁨EINPresswire.com⁩/ -- ClinFocus, a prominent leader in Clinical Data Management and Biometrics services, is excited to announce a significant stride in its operations with the integration of …

Distribution channels: Food & Beverage Industry, Healthcare & Pharmaceuticals Industry ...
Published on September 21, 2023 - 18:54 GMT

PreIPO® Takes Bold Steps Amidst Regulatory Agency Turbulence

BOCA RATON, FLORIDA, UNITED STATES, September 21, 2023 /⁨EINPresswire.com⁩/ -- In the midst of a shifting regulatory landscape, PreIPO®, a trailblazer in democratizing pre-IPO investments, is gearing up for some strategic maneuvers that may shake …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on September 21, 2023 - 18:11 GMT

AUVSI Urges Governor Newsom To Veto AB 316

ARLINGTON, VIRGINIA, UNITED STATES, September 21, 2023 /⁨EINPresswire.com⁩/ -- With the support of members of its Ground Advocacy Committee, the Association for Uncrewed Vehicle Systems International (AUVSI) today sent a letter to California …

Distribution channels: Automotive Industry, Technology ...
Published on September 21, 2023 - 16:45 GMT

VFAF Veterans for Trump travel to Israel meeting with the Knesset and IDF to work on combating PTSD and Veteran Suicide

VFAF joined a delegation to Israel to strengthen relations between the US and Israeli Military to combat PTSD and Veteran Suicide said Cait Corrigan WASHINGTON , DC, DISTRICT OF COLUMBIA, USA, September 21, 2023 /⁨EINPresswire.com⁩/ -- From the L- …

Distribution channels: Culture, Society & Lifestyle, Military Industry ...

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Op/Ed

Published on September 14, 2023 - 19:48 GMT

My Summer As Suicide Saunders, Auto Daredevil

One summer during my student years at UCLA I signed up at the school’s employment office hoping to find a paying job. Maybe as a waiter, or dishwasher, or something menial to help me financially survive the next semester. What I got instead was a job …

Source: Op/Ed
Published on September 1, 2023 - 15:36 GMT

Humanity Threatened With Extinction (See story in business section page 32)

The movie “Oppenheimer” is a stark reminder that the scientists who created the first nuclear weapons almost immediately afterward turned to the U.S. government and essentially said, “do something to stop us from killing again.” A similar drama is …

Source: Op/Ed

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