Former State Employee Sentenced for Embezzling $150 Million
An ex-Department of State employee cheated the department and the Department of Defense (DoD) out of more than $150,000 through his role managing South Command (SOUTHCOM) travel allowances, according to the South Carolina district attorney's office.
Hope for Warriors Gets Grant From Investment Bank
Hope for the Warriors will be able to change more lives for veterans thanks to a grant they recently received from social impact investment agency American Veterans Group, the only public benefit corporation on Wall Street.
$23 Million Veterans Housing Complex to Open in New Jersey
A 70-unit private apartment complex for military veterans, some of whom are homeless, is set to open up this month. It's one of the first private veterans' communities in the United States to offer rental housing to veterans of all incomes, and it includes comprehensive services that help move the former service members to eventually become homeowners.
Due to Navy Pay Issues, Sailors are Taking Out Loans
Sailors who received an increase in their housing allowance this year because they got married or moved to a higher cost-of-living area have been forced to wait months for their increase in their paychecks, forcing some in the Navy to take out loans from their banks.
Veterans Widow Loses Benefits, Savings
Janice Traylor's husband Gary, an Army veteran, died last summer because of heart failure. Traylor said she has struggled for months since his death to gain access to thousands of dollars he had in his bank account as well as his military benefits.
Charlotte Veterans on Wall Street Help Transitioning Troops in Finance
A 20-year Army infantry veteran has been paying it forward by connecting his fellow veterans with resources to help those interested in pursuing careers in the financial sector.
United Community Bank Honors Military with Service Week
Throughout the week of Nov. 8, a number of United Community Bank employees displayed kindness and community service to honor America's veterans in the lead-up to the official U.S. holiday on Nov. 11.
Penfed Credit Union Named Best Employer For Vets
It's the third year in a row that the nation's second-biggest credit union, Penfed, has been named a "Best for Vets" employer of 2021. Penfed offers banking services, auto loans, home loans, credit cards and personal loans to military families.
US Bank Teams with Workshops for Warriors Offer Job Training to Vets
Since 2016, U.S. Bank has been a continuous volunteer and financial sponsor of Workshops for Warriors (WFW), a non-profit organization that teaches veterans manufacturing skills.
USAA and the Washington Football Team Unite, Honor Veterans
Our nation's veterans and active-duty military were honored as part of the annual salute to service week kickoff by the Washington Football team and USAA in honor of the nation's heroes.
Banks Slowly Embrace Crypto
Back in 2014, when cryptocurrency was just making its way into the market, the regulators of banks in New York tried to question the sudden onset of digital payments and thought that regulating crypto would make it legal, which could cause a significant dent in the financial industry.
Bank of America Closes Bank Accounts of Cannabis Research Firm
Despite the fact that The Scottsdale Research Institute’s (SRI) cannabis research has been authorized by the federal government, Bank of America has notified the organization that they will shut down their bank accounts.