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Y-12 Credit Union Announces Plans to Acquire First State Bank of the Southeast, Expanding Its Financial Services Footprint into Neighboring Kentucky

OAK RIDGE, TENN. and MIDDLESBORO, KY., October 23, 2024 – Y-12 Federal Credit Union (Y-12 FCU), a $2.15 billion credit union headquartered in Oak Ridge, TN, is pleased to announce its execution of a definitive agreement to acquire First State Bank of the Southeast (FSB), a Middlesboro, Kentucky-based bank with eight branch locations throughout Southeast Kentucky […]

Edelman Financial Engines Review 2024

Edelman Financial Engines provides a variety of services. Fees vary but are on the higher end, especially for investors with modest or moderate portfolios. Wealth Planning For its wealth-planning services, Edelman bases its fees on a percentage of total investable assets. Depending on how much you have in your account, fees range from 0.50% to […]

Israel says more strikes coming against a Hezbollah-run financial institution

Israel said late Monday it planned to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night before and which it says uses customers’ deposits to finance attacks against Israel. At least 15 branches of Al-Qard Al-Hassan were hit late Sunday in the southern neighborhoods of Beirut, across southern Lebanon and in the […]

Israel begins strikes against Lebanon targeting Hezbollah financial assets

The Israeli Defense Forces began conducting airstrikes against Lebanon late Sunday, targeting financial institutions linked to the Iran-backed militant group Hezbollah. Fox News’ Trey Yingst in Israel reports the strikes were intended to al-Qard al-Hassan “all over Lebanon.” Al-Qard al-Hassan is a unit in Hezbollah to fund terrorist activities like paying operatives and buying arms.  […]