LAS VEGAS–Rick Schmidt, president and CEO of WestStar Credit Union, has announced plans to retire on Jan. 2, 2023. A search is underway for a new leader for the $258-million credit union.
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LAKE CHARLES, La.–Southwest Louisiana Credit Union said it has selected the AI-powered credit decision platform provider Scienaptic AI.
NEW YORK—Who makes the better decisions when it comes to credit cards, women or men? New research offers an answer.
WASHINGTON—The Financial Crimes Enforcement Network has assessed a $275,000 civil money penalty on A&S World Trading, Inc. for willful violations of the Bank Secrecy Act and its implementing regulations, the FTC announced.
KAHULUI, Hawaii—After having just signed on with CURevl for a student loan solution for its members, Wailuku Federal Credit Union has now expanded its relationship to offer the CUSO’s college planning resource, Colleging, to its members.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has imposed more than $600 million in fines for anti-money laundering violations in just the 14 months from January 2021 to March 2022).
LONDON—Cryptocurrencies are the new “front line” in criminal scams that regulators are trying to prevent, Bank of England Governor Andrew Bailey said.
TRAVERSE CITY, Mich.––4Front Credit Union said it continues to expand across Northern Michigan with the addition of three new branches.
SPARTANBURG, S.C.–Nearly 100 entrepreneur women of color and more than 100 female entrepreneurs overall have been able to keep their businesses up and running in spite of the pandemic, thanks to support from the Paycheck Protection Program and Carolina Foothills FCU, according to a new report.
WASHINGTON—The Federal Trade Commission has approved a final order settling charges that the Louisiana Real Estate Appraisers Board violated Section 5 of the Federal Trade Commission Act by unreasonably restraining price competition for appraisal services in Louisiana and limiting the freedom of individual appraisers and their customers to engage in bona fide negotiations to determine fees for real estate appraisals.