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The Franklin Credit Union was raided by authorities investigating the embezzlement of tens of millions in November 1988. The Nebraska Legislature organized a state committee in December 1988 to look into both the credit union embezzlement and the child prostitution allegations named the Franklin Committee, [ 5 ] led by state Senator Loran ...
In the 1970s and 1980s, Franklin Mint expanded operations to legal tender coins, producing a combination of bullion and non-bullion proof and uncirculated coin sets of both small and large denominations for a number of countries, particularly Panama and various island states. One of its best numismatic sellers was the "Coin Sets of all Nations ...
The Federal Deposit Insurance Corporation federally insures most traditional banks in case of failure. But credit unions are not considered traditional banks. Is a credit union FDIC insured?
Jefferson nickels have been minted since 1938 at the Philadelphia and Denver mints and from the San Francisco mint until 1970. Key dates for the series include the 1939-D, and 1950-D nickels. The 1939-D nickel with a mintage of 3,514,000 coins is the second lowest behind the 1950-D nickel.
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
On June 26, 1934, President Franklin Delano Roosevelt signed the Federal Credit Union Act into law as part of the New Deal.The Act sought to promote thrift in the aftermath of the Great Depression and allowed the establishment of federally chartered credit unions in the United States as part of the Federal Credit Union System.