SANDY, Utah–America First Credit Union has entered into a naming rights partnership with Major League Soccer’s Real Salt Lake for what will now be known as America First Field.
Fresh Today
HAMPTON ROADS, Va.–There is a “groundswell of litigation” emerging around the lack of fraud warnings or reimbursements for customers/members who are defrauded on Zelle.
SNELLVILLE, Ga.—The African American Credit Union Coalition (AACUC) will host another of its Commitment to Change Conversations on Sept. 16.
PURCHASE, N.Y.—Binance is launching pre-paid card offering cryptocurrency “rewards” on customers’ purchases. The move is in partnership with Mastercard.
WASHINGTON–Mortgage loan applications: they were down 23% during the week ending Sept. 2 versus the same week one year earlier, according to the Mortgage Bankers Association.
MONTPELIER, Vt.–The former CEO and four former board chairs at Vermont State Employees Credit Union have published a joint letter calling for members to vote against a proposed merger with New England FCU, suggesting more than a million dollars has been spent to date to suggest the “merger will somehow produce more of everything and everything will be better.”
NEW YORK—The acting Comptroller of the Currency is expressing concerns that the rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term.
NEW YORK— Fintechs and cryptocurrency companies are “getting away with murder” as they compete with financial institutions without having to comply with many regulations, according to a former Comptroller of the Currency under President Bill Clinton believes.
MADISON, Wis. –The 14th cohort of “Crash the GAC” will return when CUNA hosts its annual Governmental Affairs Conference early next year, according to the Filene Research Institute, the Cooperative Trust and CUNA. Applications for Crash the GAC are now open and the deadline to apply is Dec. 2, the organization said.
ALEXANDRIA, Va.—During a Women in Housing and Finance Public Policy Lunch, NCUA Vice Chairman Kyle Hauptman offered an overview on a range of credit union issues and a look at how industry issues and how the agency is responding.