Native-owned Banks and Credit Unions: Serving the Underserved
← Previous Article Next Article → There are more than 30 native-owned banks and credit unions serving underserved communities all across America. Because of these native-owned financial institutions, many people living on or near tribal reservations now have...
First Broker-Dealer Charged with Violating the Bank Secrecy Act
← Previous Article Next Article → The U.S. Attorney for the Southern District of New York, Geoffrey Berman, has filed a criminal charge against Central States Capital Markets (CSCM), alleging that the broker-dealer violated the Bank Secrecy when it failed to...
Senate Banking Committee Has Two New Democratic Members
← Previous Article Next Article → The Senate Banking Committee, one of the most coveted committees in Congress, has gained two new Democratic members, Senator-elect Kyrsten Sinema (D-AZ) and Senator Tina Smith (D-MN). They will replace Senators Joe Donnelly...
Treasury Department Argues Against Postal Banking
← Previous Article Next Article → The U.S. Postal Service (USPS) should stay away from postal banking, according to a recently released report by the Department of Treasury. The report’s primary goal was to “identify a path for the USPS to operate under a...
