ACNB Corp. in Gettysburg, Pa., is set to welcome a new CEO.
The $1.2 billion-asset company said in a press release Thursday that James Helt would also become president when Thomas Ritter retires on May 5. Ritter, 64, has been ACNB’s president and CEO since 2003.
Helt has been president of ACNB Bank since 2015.
Ritter will stay on the company’s board.
The payments company's third-quarter results came in $250 million below Wall Street's expectations, disappointing investors.
The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or demoted at will by the president.
The Vienna, Virginia-based credit union will pay tens of millions of dollars in penalties over what the agency said was "junk fees" charged to Navy Federal's customers.
AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.
The plea agreement, which includes a fine of more than $1.4 billion, penalizes TD for systemic money laundering violations. "We have the ability to profit, and we should be able to profit, but not at the expense of the law," said U.S. District Judge Esther Salas.
FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.
