3M to freeze pensions for non-union employees in 2028 – KSTP
Minnesota-based company 3M announced updates to its U.S. non-union pension plan starting in 2028. according to statement issued by the companyPension-eligible employees will continue to receive benefits under the pension plan until the freeze date of December 31, 2028. This decision applies to both 3M and future independent healthcare company U.S. pension plans. Former employees […]
US Bank fined nearly $21M for withholding benefits during pandemic – KSTP
U.S. Bank will pay about $21 million after regulators found the bank blocked unemployed consumers from accessing benefits during the worst days of the coronavirus pandemic. . On Tuesday, the Consumer Financial Protection Bureau (CFPB) ordered U.S. Bank to pay $5.7 million to consumers in relief for those harmed by the bank and $15 million […]
Huntington Bank to close 11 locations in Minnesota – KSTP
Huntington Bank will close 11 stores in Minnesota. Huntington Bank spokesman Chris Dahl said all 11 branches inside Cub Foods stores will be closed, but the ATMs will remain open. Dahl said customers with accounts at the affected branches were notified and provided information to locate a nearby Huntington Bank branch. “As we shared in […]
