HOUSTON–Houston Texas Firefighters FCU has named a new president and CEO.
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TOKYO–The Bank of Japan is reporting it had offered payments to nearly 90% of the country's regional lenders—including credit unions--under a program designed to revitalize the financial services sector by encouraging mergers and cost cuts.
WASHINGTON—Representatives from more than a dozen NAFCU-member credit unions, along with NAFCU staff, recently met with Treasury’s Office of Financial Institutions to discuss digital assets and climate-related financial risks as it pertains to the credit union industry.
PANAMA CITY, Panama–New research by NordVPN that analyzed more than four-million card details available on the dark web found 1.5-million of those belonged to Americans.
WASHINGTON–The acting Comptroller of the Currency said his office is taking aim at overdraft programs and is calling on financial institutions to over “no-cost” options.
WASHINGTON–The leaders of six different cryptocurrency companies spent five hours before Congress offering their views on both the promise and the perils of cryptocurrency.
RANCHO CUCAMONGA, Calif.– Credit union cardholders hit the road this Thanksgiving, transacting with gas, grocery and travel merchants at rates sometimes more than double those in 2020, CO-OP Financial Services is reporting.
STURGIS, S.D.–Credit unions in two states have announced merger plans.
WASHINGTON—A new Federal Trade Commission data spotlight shows that in the first nine months of 2021, consumers reported losing $148 million in scams where gift cards were used as the form of payment. That amount is more than was reported in all of 2020, the FTC said.
TACOMA, Wash.–CU Strategic Planning, which is the CU community’s largest organization for helping credit unions obtain Community Development Financial Institutions Fund grants from the Treasury Department, is reporting it facilitated nearly half of all successful 2021 CDFI FA grant applications for credit unions, totaling $20 million.