Fresh Today

Fresh Today

WASHINGTON–One credit union is among the 38 organizations awarded a total of $130.9 million by the U.S. Department of the Treasury's Community Development Financial Institutions Fund to be used for the development of affordable housing and community facilities in low-income communities.

NEW YORK–Profits at U.S. banks were down in the fourth quarter of 2019 due to lower interest margins, but overall credit remains solid, according to analysis released by Moody’s Investors Services.  The analysis was released as part of the company report, "Banks – United States: Q4 2019 Update.”

LOS ANGELES – A former Dunbar Armored Inc. employee has been sentenced to 24 months in federal prison for orchestrating the theft of nearly $300,000 in cash out of Dunbar’s storage facility in Vernon, Calif.