Mortgage Blog
Spire, Hiway credit unions will become Blaze Credit Union after merger
Spire and Hiway credit unions have announced that Blaze Credit Union will be the name of the new entity created following the merger of the two institutions.
Holiday spending expected to smash records across the U.S.
Holiday shopping is expected to reach record levels this year, with total holiday spending in the U.S. expected to hit around $960 billion, according to the National Retail Federation. That’s a year-over-year increase of around 4 percent.
The increased spending comes as inflation continues to be a drag on the economy and wage gains cool off – but people keep spending. Household debt in the U.S. has risen to $17 trillion, with about $1 trillion from credit cards.
“I do think shoppers are…
EY’s CEO pick Janet Truncale will be the first woman to run a Big Four firm
EY has elected Janet Truncale as its global chair and CEO.
When she assumes the role July 1, 2024, Truncale will become the first woman to serve as global chair and chief executive of the multinational professional services company and the first woman to run a Big Four firm, per The Wall Street Journal.
She succeeds current EY Global Chair and CEO Carmine Di Sibio, who announced his retirement earlier this year after a planned split of the company’s auditing and consulting divisions was scrapped…
TDECU launches new nonprofit arm to amplify organization’s community outreach efforts
TDECU, the largest credit union in Houston, launched a new nonprofit arm focused on promoting financial education locally.
Fairfax’s WaveDancer agrees to reverse merger with Toronto’s Firefly Neuroscience
The Fairfax firm says it will divest its Rockville-based Tellenger subsidiary at the close of the deal.
New Basis Charter School to open in north Phoenix; plus 9 more Valley deals to know
Basis Charter Schools, which consistently tops rankings in Arizona and nationwide, is opening its first new Valley school since 2018, with enrollment already underway. Also in this week's real estate roundup: A grocery store has opened at a new Valley shopping center, as has two new medical centers.
Grifols gets FDA approval for new facility in Clayton
A global pharmaceutical company has landed regulatory approval for a new facility at its massive operation in Clayton.
Missouri ‘Christian Health Care Ministry’ founder pleads guilty to defrauding members out of $8M
A St. Joseph man who founded Medical Cost Sharing, marketed as a “Christian Health Care Sharing Ministry,” collected about $8 million in payments from its members — about $5.2 million of which Reynolds and another executive claimed.
Citizens files plans to open its 1st Florida private bank office in Palm Beach
The bank selected the area among few other U.S. regions to roll out the recently added wealth division.
Ed Heys to retire as Deloitte managing partner, successor picked
Ed Heys joined the firm when it had 125 employees nearly four decades ago and has served as managing partner for the last 12 years.