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EDGAR COUNTY BANK IS NOW PROSPECT BANK Edgar County Bank opened its doors in 1873 with a single mission: To help people achieve the American Dream. That mission is as true today as it was 144 years ago. Over time, weve grown alongside the Central Illinois community—and thanks to your support, weve expanded beyond Edgar County. Thats why, effective immediately, Edgar County Bank is now Prospect Bank: a name that reflects who we are today, and our plans for the future. We believe in the people of Central Illinois. As Prospect Bank, were not going anywhere. Were going everywhere—and were excited to show you what we can do for you. If you have any questions about our name change or anything related to Prospect Bank, dont hesitate to contact us. https://www.bankprospect.com/
Payfare is a global FinTech company offering mobile banking, instant payment and loyalty-reward solutions for today`s workforce. Payfare`s financial technology platform is providing financial inclusion and empowerment to millions of next-generation workers around the globe with a full-service mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards. Payfare was founded in 2015 by fintech entrepreneurs and a senior management team with unparalleled experience in the banking, payment card and financial technology sectors. Payfare is backed by major investors and financial institutions around the world. The company is headquartered in Toronto, Canada. Some of the world`s largest on-demand economy platforms including Uber, Lyft, DoorDash and DiDi trust Payfare to pay their workers.
The Federal Reserve Board, commonly known as the Fed, is the central authority of the Federal Reserve System, which serves as the central banking system of the United States. Established in 1913, the Fed aims to create a stable monetary system and address banking panics. Headquartered in Washington, D.C., it oversees 12 regional Federal Reserve Banks, balancing regional insights with national policy. The Fed has five main functions: conducting monetary policy to promote maximum employment and stable prices, ensuring financial system stability, supervising and regulating financial institutions, fostering efficient payment and settlement systems, and promoting consumer protection and community development. It also provides essential services such as payment processing and economic data publications, including the Beige Book and the FRED database. The Fed plays a crucial role in supporting the U.S. economy and serves various stakeholders, including depository institutions, the U.S. government, and foreign official institutions.