December 08, 2021 / RALSTON, Neb. (KMTV) — Leaders from the City of Ralston and arena management group, Spectra, announced Wednesday that Ralston Arena will be renamed Liberty First Credit Union Arena.
Frank Wilber, president and CEO of Liberty First Credit Union (LFCU), said the company decided to be Ralston Arena’s naming rights partner because of the sense of community at the facility.
“It’s more than just an arena,” said Wilber. “It’s a community hub that brings people together. I am an avid recreational hockey player, and the arena hosts several hockey leagues and a variety of other accessible, local events. It makes the Metro a better place. As a company that believes in ‘People Helping People,’ we view this opportunity as a natural fit.”
Investment Fund Expense Ratios Advisory
NDBF SHEDS LIGHT ON INVESTMENT FUND EXPENSE RATIOS
August 16, 2021 — As part of its ongoing effort to raise investor awareness, the Nebraska Department of Banking and Finance (NDBF) today issued an advisory discussing the importance of paying attention to expense ratios when comparing mutual funds and exchange traded funds.
The advisory explains what expense ratios are; how they are calculated; how they are affected by a fund’s management style, investment strategy and portfolio size; and important considerations for investors.
“Expense ratios are an important element for investors to consider, along with a fund’s risk/return profile, when comparing funds,” NDBF Deputy Director Claire McHenry said.
The full advisory is available on the agency’s website here ndbf.nebraska.gov.
Before making any financial decisions, ask questions, do your homework, and contact the NDBF at 402-471-2171 for more information.
Understanding Financial Services
Mar 4, 2021 — First 2021 my moNEy video meets the commitment to assist in understanding financial services
The Department of Banking and Finance and Department of Insurance presents videos on a variety of financial topics through the my moNEy series. The latest video provides information on Compound Interest. Use Compound Interest to your advantage by avoiding the pitfalls and investing in your future.
RISKS OF STOCK PRICE VOLATILITY
NDBF REMINDS REGULATED FIRMS OF CUSTOMER OBLIGATIONS AND INVESTORS ABOUT RISKS OF STOCK PRICE VOLATILITY
February 1, 2021 — The Nebraska Department of Banking and Finance (NDBF) today called on firms and other regulated entities to ensure that investor protection obligations are being met during recent price volatility in shares of certain publicly traded companies.
“Regulated entities have an obligation to their customers. NDBF will work with fellow regulators to ensure that investor protection, fairness and transparency are upheld in the public securities markets,” said Deputy Director Claire McHenry. “We are closely monitoring this developing situation and will examine actions by online brokerages and others to ensure that they are in compliance with their client obligations.”
Deputy Director McHenry also cautioned investors about the risks associated with investing in publicly traded companies that are experiencing volatility. “Investing in companies experiencing price volatility can be risky and investors should understand their risk tolerance when considering such investments,” Deputy Director McHenry said.
More information about the laws governing the securities industry in Nebraska can be found on NDBF’s website at www.ndbf.nebraska.gov. If you have questions about any investment matter, call Nebraska Department of Banking and Finance at 402-471-2171.
Veridian Picks Site for Council Bluffs Credit Union
May 5, 2015 – Council Bluffs, Neb. – Veridian Credit Union said Monday it has decided on a location for a new branch in Council Bluffs.
Quandahl Chosen to Lead Nebraska Banking Department
February 19, 2015 – Lincoln, Neb. – Nebraska Gov. Pete Ricketts has chosen attorney Mark Quandahl to head the Nebraska Department of Banking and Finance. He replaces Acting Banking Director Ray Pont.
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