WASHINGTON—The most recent version of a changing House bill regulating stablecoins would place a two-year ban on dollar-pegged digital assets like TerraUSD, which collapsed in a $48 billion bank run-style panic in May, according to a new analysis.
Fresh Today
MUSKOGEE, Okla.–Muskogee FCU has named a new president and CEO. The $104-million credit union has selected Dana S. Brown to lead the organization.
HOUSTON–The former manager of a credit union has been indicted on charges of embezzlement from elderly members.
WASHINGTON–The CrossState Credit Union Association and the Cooperative Credit Union Association are reporting they established a virtual live video feed during which credit union professionals hiking Capitol Hill were able to conduct interviews and recordings with members of the media and to share with credit union leaders who were unable to participate in person.
AUSTIN, Texas–The Texas Credit Union Department has named Michael Riepen as its new commissioner.
SALT LAKE CITY –Shortly after announcing it had bought naming rights to the home stadium of Major League Soccer’s Real Salt Lake club, America First Credit Union has introduced an RSL-branded credit card and debit card.
MIAMI–Ten new job openings have just been added to CUToday.info’s free job board, The Gig, including four in the last two days.
MADISON, Wis.–As part of its Discovery Webinar Series, CUNA Mutual on Oct. 13 will host a session titled, “Talent Management and Culture in Uncertain Times.”
ROCHESTER, N.Y.– Summit Federal Credit Union has introduced RoundUp Savings, which offers members an easy way to save while they spend using their Summit Visa debit card.
WESTBROOK, Maine–The Maine Credit Union League said it is endorsing Gov. Janet T. Mills in the upcoming race for governor.