Finance
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Bypassing mortgage rates: Share of U.S. homes bought with cash hits highest level in nearly a decade
Nov 09, 2023 12:00 am - LOS ANGELES - Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash. Homes purchased enti...
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Wintrust recognizes Arden Shore Child & Family Services' 125 years of service with a muralNov 06, 2023 10:00 pm - Waukegan, Illinois. - On Oct. 12, Wintrust installed a mural honoring Arden Shore Child & Family Services' 125 years of service on the façade of its building in Chicago....
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Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike
Nov 01, 2023 1:00 am - WASHINGTON - The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inf...
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Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows
Oct 27, 2023 1:00 am - NEW YORK - About 2 in 3 Americans say their household expenses have risen over the last year, but only about 1 in 4 say their income has increased in the same period, ac...
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Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation
Oct 19, 2023 1:00 am - WASHINGTON - Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a ...
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METRO Federal Credit Union celebrates 50 years in the communityOct 16, 2023 11:00 pm - METRO Federal Credit Union, located in Arlington Heights, recently celebrated its 50th anniversary in style. The event, held on Sept. 21, 2023, was marked by a day of fe...
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Byline Bank ranked 5th nationally for SBA 7(a) LendingOct 15, 2023 11:00 pm - CHICAGO, IL (OCTOBER 16, 2023) – Byline Bank once again ranked fifth among lenders nationwide in loan volume for SBA 7(a) lending by the U.S. Small Business Administrati...
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Itasca Bank and Trust Co. announces promotionsOct 15, 2023 11:00 pm - James R. Mensching, president of Itasca Bank and Trust Co. recently announced the promotion of three officers. Mark Stelter of Itasca was promoted to vice president, sen...
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Cards with purpose: How nonprofit credit unions craft card programs for community and member empowermentOct 15, 2023 11:00 pm - In the vast offerings of financial institutions, nonprofit credit unions stand out for their unwavering commitment to community-centric values. Crafting card programs de...
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Banking for the greater good: A commitment to communityOct 15, 2023 11:00 pm - In an era when major financial institutions are increasingly prioritizing community and social impact, Great Lakes Credit Union (GLCU) has been diligently serving resid...