WINSTON-SALEM, N.C. – Allegacy Federal Credit Union said it has partnered with the Carolinas Credit Union Foundation to launch the Allegacy Foundation, a donor-advised fund that is designed to expand its philanthropic efforts.
Fresh Today
MADISON, Wis.—The World Council of Credit Unions will host a webinar titled, “How Central and Eastern European Credit Unions are Supporting Ukraine” on Jan. 10. The webinar will begin at 8:30 a.m. ET.
LONDON—The U.K. Payment Systems Regulator (PSR) has fined Barclays £8.4 million for failing to comply with the Interchange Fee Regulation (IFR).
WASHINGTON—The Federal Trade Commission has extended the deadline for comment on its request for input on junk fees and the “unfair or deceptive tactics companies use to impose them.” The proposal was originally made in October.
TUSCALOOSA, Ala.–Alabama One Credit Union has announced plans to to acquire most of the assets and assumes most of the liabilities of First Bank in Wadley, Ala.
NEW YORK—In what is likely little surprise to many, more Americans are reporting they are living paycheck to paycheck as inflations drives up costs in every aspect of everyday life.
TOKYO—The Japanese government is preparing to adopt the Financial Action Task Force’s crypto anti-money laundering (AML) guidelines -- placing them into the legal code – after the country’s parliament voted in favor of the measure.
WASHINGTON—CUNA, NAFCU and other organizations have written to leaders of the House Financial Services Committee, Senate Banking, Housing, and Urban Development Committee, and the Senate Community Development Finance caucus leaders sharing what they are calling “grave concerns” over the proposed new Community Development Financial Institution (CDFI) certification application.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has finalized its rule requiring the government-sponsored enterprises (GSEs) – Fannie Mae and Freddie Mac – to obtain prior approval before offering new products to the market or engaging in new activities.
EUGENE, Ore., Oregon Community CU, its team members and the OCCU Foundation partnered to support the community during the holiday season.