WASHINGTON—The Independent Community Bankers of America (ICBA) is urging the Commerce Department to recognize what it says are the risks posed by digital assets — including a U.S. central bank digital currency — as policymakers consider a regulatory framework.
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WASHINGTON—With high housing prices affecting credit union members across the country, CUNA is pushing Congress to act on several pieces of legislation the trade group says will help ease the burden for some homebuyers.
WASHINGTON—Funding the U.S. Agency for International Development’s (USAID) Cooperative Development Program (CDP) at $50 million for FY23 would “build capacity for cooperatives around the world, including in Ukraine, according to CUNA.
LOUISVILLE, Ky.—The $316-million Class Act Federal Credit Union here has gone live with Scienaptic AI’s AI-powered credit decision platform.
ST. PAUL, Minn.–Mark Cummins, president and CEO of the Minnesota Credit Union Network, has announced he will retire in April of 2023. Cummins has led the organization for 15 years.
HOUGHTON, Mich.–Michigan Tech Employees Credit Union has a new name.
TAMPA, Fla.–Laida Garcia, president and CEO of floridacentral Credit Union, has announced plans to retire in January 2023. The CU’s board said a search for a successor has been launched with a goal of finding that person by the autumn of this year.
LANCASTER, Penn.– Everence Federal Credit Union has named a new president and CEO. The $344.3-million EFCU said it has selected Kristen M. Heisey to lead the organization.
ALEXANDRIA, Va.– NCUA issued two prohibition orders and a cease-and-desist order in June.
DALLAS–The CUSO BenefisCU said Oregon Community Credit union (OCCU) has selected it to provide innovative executive benefits and business protection solutions.