Wells Fargo expands nCino adoption to transform Small

Wells Fargo expands nCino adoption to transform Small

WILMINGTON, NC, March 31, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Wells Fargo & Company (NYSE: WFC) will expand its use of the nCino Bank Operating System® to accelerate digital transformation within its Consumer and Small … Read more

Elimination of Child Tax Credit, Student Loans and Inflation Top Financial Stressors for Americans

Elimination of Child Tax Credit, Student Loans and Inflation Top Financial Stressors for Americans

Drazen Zigic / iStock.com If you’re worried about money, you’re not alone. Many Americans are dealing with financial stress and uncertainty during this difficult time. The pandemic has sparked a sense of financial futility – and the war in Ukraine, skyrocketing inflation and soaring housing and rental prices have done nothing to ease feelings of … Read more

USAA Bank of San Antonio cuts jobs due to lower demand for home loans and refinance

USAA Bank of San Antonio cuts jobs due to lower demand for home loans and refinance

USAA Federal Savings Bank this week issued pink slips to more than 90 employees in its mortgage sales group after forecasting a sharp drop in demand for loans. A record low housing stock, rising interest rates and declining housing affordability have combined to create a “challenging buying environment”, bank officials told employees in emails. emails … Read more

The Fed could become more aggressive in fighting inflation. How to prepare

The Fed could become more aggressive in fighting inflation.  How to prepare

For most Americans, the soaring cost of living is weighing heavily on their wallets. “Wage growth has failed to keep pace with the dizzying pace of rising prices, which the Federal Reserve has effectively identified as ‘monetary policy’s enemy number one,’” said Mark Hamrick, senior economic analyst at Bankrate.com. After the Fed raised interest rates … Read more

Top lawmakers urge Biden to write off ‘significant’ amount of debt and extend suspension of payments as polls show support

Top lawmakers urge Biden to write off ‘significant’ amount of debt and extend suspension of payments as polls show support

WASHINGTON, DC – MARCH 30: US President Joe Biden delivers remarks on Covid-19 in the United States … [+] USA in the South Court Auditorium on March 30, 2022 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images With millions of borrowers on track to resume student loan repayments in just over 30 days, … Read more

LAKE SHORE BANCORP, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations. (form 10-K)

LAKE SHORE BANCORP, INC. Management’s Discussion and Analysis of Financial Condition and Results
of Operations. (form 10-K)

This discussion and analysis reflects our consolidated financial statements and other relevant statistical data and is intended to enhance your understanding of our consolidated financial condition and results of operations. You should read the information in this section in conjunction with our audited consolidated financial statements and accompanying notes to the audited consolidated financial statements … Read more

Fed hike or no Fed hike, your credit card debt is expensive. Here’s how to pay it back.

Fed hike or no Fed hike, your credit card debt is expensive.  Here’s how to pay it back.

The cost of everything keeps rising. And if you happen to have credit card debt, that’s also likely to get a bit more expensive, thanks to a series of interest rate hikes starting this month. With inflation at its peak highest rate since early 1980sthe Federal Reserve is adjust interest rates to hopefully stabilize the … Read more