Vibrant brews more business, fewer branches [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
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Source: Yahoo! Finance
That's just a function of where the growing financial institution is choosing to spend its resources, reflecting customer behavior, and redirecting investment to a better savings account. Last fall, Vibrant Credit Union decided it was time to start offering members something they couldn't find at any other local financial institution: interest on savings and checking balances that adds up to more than a handful of pennies a year. Interest rates on consumer borrowing, especially car and home loans, have risen significantly over the last 2+ years as the Federal Reserve has raised the federal funds rate to combat inflation, according to Vibrant. At the same time, interest rates on consumer deposits—the funds that financial institutions use to make many of those loans—have remained stubbornly low. Most big banks still offer just 0.01 percent annual percentage yield on consumer savings—meaning that if you deposit $10,000 in a savings account, by the end of the year, you'll earn a si
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News
- Live Nation's Concert Week offers $25 tickets. Here's what you need to know [CBS News]CBS News
- Why Live Nation Rallied Today [Yahoo! Finance]Yahoo! Finance
- The Lede Company Hires Kimberly Bernhardt As Senior Exec In Strategic Communications Division [Yahoo! Finance]Yahoo! Finance
- Live Nation (LYV) Q1 Earnings Miss, Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
- Live Nation Entertainment, Inc. (NYSE:LYV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LYV
Earnings
- 5/2/24 - Miss
LYV
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/29/24 - Form ARS
- LYV's page on the SEC website