PASADENA, Calif.–Wescom Credit Union said it is partnering with UCLA student-athlete and women’s softball star Maya Brady on its first student-athlete partnership since the name, image and likeness (NIL) rules were enacted by the NCAA in 2021.
Fresh Today
WASHINGTON–The solutions eight teams came up with during a competition to identify a scalable, cost-efficient, risk-based solution to measure the effectiveness of digital identity proofing have been shared by the FDIC and FinCEN.
WASHINGTON–Securities & Exchange Commission Chairman Gary Gensler said he plans to work with Congress to help create legislation that increases oversight of crypto and stablecoins, an announcement that has met with pushback from the industry.
ALEXANDRIA, Va.– NCUA has released a new tool it said is designed to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit lossl (CECL), which goes into effect for most credit unions at the start of 2023.
ARLINGTON, Va.—Two credit union economists are offering their interpretations and forecasts after new data was released showing inflation did not moderate in August to the degree expected, a surprise to many analysts and a disappointment to many, including consumers.
WASHINGTON–Rep. Ed Perlmutter (D-CO) recalls when he was elected to the Colorado Senate, someone told him that when it comes to legislation, “Carry it, don’t marry it.”
WASHINGTON–One economist is predicting credit unions are unlikely to see any premiums assessed in the near future to fund the National Credit Union Share Insurance Fund, even as the nation’s banks aren’t able to say the same.
WASHINGTON–Rep. Patrick McHenry (R-NC) offered his thoughts, insights and opinions on a range of issues to NAFCU’s Congressional Caucus here, and made it clear if the Republicans retake the House this fall, there will be “many, many, many, many” hearings related to CFPB oversight.
WASHINGTON–After heaping praise on credit unions for their role in providing start-up capital and supporting “financial freedom” in the U.S., one member of Congress strongly criticized the regulatory burden, but his primary focus wasn’t NCUA, it was the SEC.
WASHINGTON–NCUA Vice Chairman Kyle Hauptman offered credit unions here an update on where things stand on the three priorities he brought to the agency when he joined the board 20 months ago.