The product a special class of shares in JPMorgan's Empower money market fund will initially be distributed by the Harbor Bank of Maryland, Liberty Bank & Trust, M&F Bank and Unity National Bank, according to a statement.
A new report from the IMA and CalCPA also found that 43 to 55 percent of female, nonwhite, and LGBTQIA respondents polled have left a U.S. accounting company due to a perceived lack of equitable treatment.
The Madison, Wis.-based credit union will donate $1.5 million to a pair of United Way chapters in the region which will help distribute the funds to organizations serving communities of color.
The CPA Consultants Alliance held its annual meeting online to discuss challenges confronting the accounting profession from COVID-19 and elect a new slate of officers for this year.