LAKE MARY, Fla.– Addition Financial said it has entered into a promotional agreement with University of Central Florida track and field athlete Rayniah Jones as part of the new Name Image and Likeness (NIL) rules in college sports. The agreement is to run through July 2022.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a Notice of Proposed Rulemaking (NPRM) that proposes and solicits public comment on the establishment of a limited-duration pilot program for sharing suspicious activity reports (SARs), in accordance with Section 6212 of the Anti-Money Laundering Act of 2020.
HARRISBURG, Penn.–The CrossState Credit Union Association, which serves CUs in Pennsylvania and New Jersey, said it will host itsthird annual convention at the Atlantic City Hard Rock Hotel & Casino May 22-24.
TYSONS, Va.– PenFed Credit Union is reporting it experienced “another record year” in its 87-year history.
PLANO, Texas—InTouch Credit Union has kicked off a “You and Us, Fighting Hunger Together” campaign that is seeking to raise $1 million to feed hungry children, families and seniors in its market.
MOUNTAIN VIEW, Calif.—Credit Sesame has introduced a new solution the company says allows users to build a credit score through purchases on a Credit Sesame prepaid debit card by pairing it with a virtual credit card.
WASHINGTON—A lead generation company that collected sensitive information from millions of consumers under the guise of connecting them with lenders will pay $1.5 million in civil penalties and face restrictions on their operations as a result of a Federal Trade Commission lawsuit.
HAMPSHIRE, U.K.–Credit union leaders are frequently told of the importance of becoming “top of wallet” with members, and now new research shows exactly why.
WASHINGTON—The Consumer Financial Protection Bureau has sued United Debt Holding (UDH), JTM Capital Management (JTM), United Holding Group (UHG), and their owners, Craig Manseth, Jacob Adamo, and Darren Turco, for illegal debt-collection practices.
WASHINGTON–Despite the great concerns raised by many traditional financial institutions, including credit unions, over plans by the U.S. Postal Service to provide financial services, just a half-dozen people have used the services since the USPS pilot was launched in September 2021.
