ALEXANDRIA, Va.—Comments on NCUA’s subordinated debt proposal and federal credit union bylaws proposal are among several proposals with comment deadlines in December.
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WASHINGTON—The cryptocurrency industry must follow Treasury’s AML regulations and sanctions to prevent bad actors from abusing platforms known as “mixers” to launder illicit funds, according to one Treasury official.
LARAMIE, Wyo.–Blue Federal Credit Union has entered into a deal with Laramie County Community College for the naming rights to what will be the Blue Federal Credit Union Recreation & Athletics (RAC) Complex.
DENVER–In addition to the new jobs added last week to CUToday.info’s free job board, the Gig, five more credit unions offering C-suite and other open positions for which they are seeking applicants were added over the weekend. Among those jobs are two organizations seeking CEOs.
WASHINGTON—Credit union loans outstanding increased 2.1% in September, according to CUNA's latest Monthly Credit Union Estimates.
MINNEAPOLIS, Minn.—Forget digital assets. The whole idea can now be discarded following the collapse of prominent crypto exchange platform FTX, according to the president of the Federal Reserve Bank of Minneapolis.
NEW YORK—Any future federal law regarding crypto should not collide with or overwrite existing state regulatory systems, according to New York Department of Financial Services (DFS) commissioner Adrienne Harris.
WASHINGTON—A cautious approach to cryptocurrencies has proven to be the right course for banks, and consumers would be wise to adopt a similar approach in their own financial lives, according to Acting Comptroller of the Currency Michael J. Hsu.
TAMPA, Fla. – Trellance is reporting it has entered into a definitive agreement to acquire the assets of Ongoing Operations, a provider of innovative information technology solutions for credit unions.
LANSING, Mich.–Credit unions in Michigan helped to raise $95,000 for Children’s Miracle Network (CMN) Hospital as part of the “Turn Up the Miracles” Radiothon held by 104.3 WOMC.