Latest News for: Safe banking

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Pot Banking Protections Pulled from COMPETES Act

LA Weekly 25 Jun 2022
The conference committee members unifying the Senate and House versions of the COMPETES Act chose not to keep the SAFE Banking Act’s language in the final version of the bill. SAFE Banking has most recently proven a controversial subject with not just those that would like to see legalization fully stopped in its tracks.
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Douglass J. Adair named to Exchange Bank & Trust Board Chairman

News-Press Now 25 Jun 2022
Adair has been named chairman of the board of directors of Exchange Bank & Trust. He succeeds Rich Dickason, who held the position since 2020 and continues as chief executive officer of the bank ... The 166-year-old bank has been under the Adair family’s ownership since 1952 ... He has been a member of the bank’s board since 2018.
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Tax-free bonds vs bank FDs: Which is better suited for you? | Mint

Live Mint 25 Jun 2022
Tax-free bonds vs bank FDs ... So, Indian households savings are expected to move towards safe havens like bank FD, gold, small saving schemes, etc ... They said that bank FDs won't yield more than 5 per cent in short term whereas tax saving bonds may yield 1.5 per cent to 2 per cent higher than bank fixed deposit rates offered for any tenor.
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Northern Lights Acquisition Corp. Announces Rescheduling of Special Meeting to Approve Acquisition of Safe Harbor Financial

Capital Press 25 Jun 2022
About Safe Harbor. Safe Harbor is one of the first financial services providers to offer reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships ... SOURCE Safe Harbor Financial; Northern Lights Acquisition Corp.
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Drifting down the River Severn on a dreamy canoe trip made easy

The Times/The Sunday Times 25 Jun 2022
Often, though, we ploughed a lush, mangrove-tangled furrow; there might be civilisation beyond the high banks but we wouldn’t know it ... The other was Jackfield Rapids, beyond Ironbridge, which we portaged around — safe but strenuous, lugging kit and a 60kg boat along the bank.
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UK banks no longer too big to fail - Bank of England

RTE 24 Jun 2022
The central bank said it was satisfied ... "Safely resolving a large bank will always be a complex challenge so it's important that both we and the major banks continue to prioritise work on this issue," said Dave Ramsden, the Bank of England's deputy governor for markets and banking.
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Democrats are looking for a weed deal

Politico 24 Jun 2022
adding provisions to a broadly supported bill that would allow financial institutions to offer banking services to the cannabis industry, called the SAFE Banking Act ... “I know that SAFE banking has wide support,” she said — adding that so do her efforts to expand access to SBA programs.
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BankPlus and FHLB Dallas Award Home Repair Subsidy to Mississippi Woman

Enid News & Eagle 24 Jun 2022
Holmes received a $7,000 SNAP subsidy from BankPlus and the Federal Home Loan Bank of Dallas (FHLB Dallas) ... Mark Ouellette, first vice president at BankPlus, said keeping residents comfortable and safe within their homes is a priority for the bank ... About the Federal Home Loan Bank of Dallas ... Federal Home Loan Bank of Dallas.
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Access Bank records growth across key indicators in 2021

Ghana News Agency 24 Jun 2022
Mr Olumide noted that the Bank had a deliberate and disciplined outlook for 2022, with a targeted focus on strategic expansion and growth ... He assured stakeholders that the Bank was safe and that its strategy was strong with a team committed to delivering value to customers and shareholders ... “E-levy is not going to halt our plans as a Bank.
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On The Money — Hot labor market stays strong through Fed hikes

The Hill 24 Jun 2022
... The SAFE Banking Act, which would allow legally operating cannabis businesses to access banking services, was included in House Democrats’ COMPETES Act but not the Senate’s bipartisan U.S ... “The support and political will is there to get the SAFE Banking Act across the finish line.
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Your savings are under attack and Barclays couldn't care less

The Daily Telegraph 24 Jun 2022
Some of the country’s largest high street banks still pay 0.01pc – a pointless £1 a year on £10,000 of savings. Many savers will shrug their shoulders at such pitiful returns, but with inflation tipped to hit 11pc this year, their money is no longer safe. The big banks have been entrusted with more than £650bn of our money in easy-access accounts.
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BEST IN BUSINESS 2022: FINANCIAL SERVICES

Colorado Springs Business Journal 24 Jun 2022
Bank of Colorado. Since 1978, Bank of Colorado has grown from a single branch in Fort Lupton to 161 locations in eight states — including 46 in Colorado ... ANB Bank ... Bank of Colorado ... ANB Bank ... The Eastern Colorado Bank ... Since the 1950s, Ent has offered safe banking to military members and Coloradans, working to help them build financial intelligence.
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Global Inflation Is Surging Faster Than Policy Makers Can Keep Up

Barrons 24 Jun 2022
Although Brazil's central bank is months into an aggressive tightening campaign, the country's inflation rate was still 11.3% in March ... Across the world, an unusual economic trap has been set—one that even the most sophisticated central banks will struggle to disable safely ... Price stability should be the priority for central banks.
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Meet the Barista... Cindy Gale

Traverse City Record-Eagle 24 Jun 2022
Upon the closure of Cedar’s Chase Bank in early 2020, Rossi and husband Rick Brett purchased the building as an investment with no particular plans in mind ... Despite its prime location, the bank building presented unique limitations ... “We had to change the use (because) it was a bank building.
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Class action lawsuit claims TD Bank 'misrepresented' fraud issues with Zelle payment system

Business Journal 24 Jun 2022
The complaint alleges the bank told customers that Zelle was safe to use despite “huge” security risks and “virtually no resource” for defrauded customers to get their money back ... .

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