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Banking & Finance

Ben Franklin Financial pays stockholders prior to dissolution

Oct 19, 2020 3:02 PM - Arlington Heights-based Ben Franklin Financial Inc., the former holding company for Ben Franklin Bank of Illinois, Monday announced its board of directors has approved a distribution of $10.35 per share to its stockholders as it nears the end of the company's dissolution.
Millennial Money: Use a crisis to build helpful money habits

By AMRITA JAYAKUMAR of NerdWallet
Oct 18, 2020 6:15 AM - If stimulus checks, paused student loan payments and sticking close to home have helped you cut down debt, here's how to keep that momentum going.
Experts testify about systemic racism in Illinois home loan, banking industries

By RAYMON TRONCOSO
Oct 16, 2020 5:57 PM - In Illinois and around the country, an increasing number of universities, investigators and researchers are turning up evidence of systemic racism in the financial sector.
First Midwest announces plan to close branches

Oct 15, 2020 3:05 PM - First Midwest Bancorp Inc. Thursday announced plans to consolidate branches, as well as to reopen branches that were closed due to the COVID-19 pandemic.
Protect your devices

By Josh Bloss
Oct 15, 2020 11:50 AM - While businesses and financial organizations take a host of precautions to protect against online fraud, the best protector of your personal information and funds is you.
How to handle college loan debt as an unemployed recent grad

By ANNA HELHOSKI of NerdWallet
Oct 12, 2020 6:54 AM - Entry-level jobs are scarce for recent college graduates, which leaves the Class of 2020 in a precarious position as their student loan debt comes due.
Millennial Money: How to create financial stability in shaky times

By SEAN PYLES of NerdWallet
Oct 11, 2020 6:10 AM - In a year that has thrown a pandemic, natural disasters and economic calamity at us while we lurch closer to a presidential election, stability can feel elusive. While it's never been more clear how much is out of our control, you can still take steps to improve your financial stability. And it's not just about cash flow.
Liz Weston: Sustainable investing could get a lot harder

By LIZ WESTON of NerdWallet
Oct 4, 2020 6:00 AM - Interest in sustainable investing is soaring, as more people become convinced that making a positive impact can be profitable as well as good for the planet and society. Unfortunately, the Labor Department doesn't think these investments belong in your 401(k).
The first female recession threatens to wipe out decades of progress for U.S. women

Olivia Rockeman, Reade Pickert and Catarina Saraiva
Oct 4, 2020 6:25 AM - Women helped pull the U.S. economy out of the last recession. This time around they are falling behind. As the crisis drags on, some of the biggest pain points are among women of color and those with young children.
Millennial Money: Try touchless payment to avoid dirty money

By GREGORY KARP of NerdWallet
Oct 3, 2020 6:18 AM - Americans have been relatively slow to adopt touch-free payments even though they're more convenient and secure than swiping credit and debit cards. But maybe hygiene will be the tipping point as people seek a solution for, well, yucky money.

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