ALEXANDRIA, Va.–The NCUA board is strongly encouraging credit unions--as well as those outside the industry--to provide thoughts, suggestions and concerns around digital assets and other developing technologies as it looks to provide guidance and set rules.
Fresh Today
ALEXANDRIA, Va.–When the NCUA board meets today it will have two items on the agenda, after pulling one item that had originally been listed for discussion.
WASHINGTON—Credit union loans outstanding increased 0.8% in May, an improvement over the 0.6% increase in April of 2021 but still trailing the 1.1% increase in May of 2020, according to CUNA’s latest Monthly Credit Union Estimates.
ALEXANDRIA, Va.–The former CEO of a federal credit union who was cited by NCUA for creating operational deficiencies, who was denied a position on the CU’s board and who alleged the agency retaliated because of his political views, has had his appeal to join the board denied by NCUA.
WASHINGTON—Ahead of a House Financial Services Subcommittee hearing on expanding access to the financial system at which legislation under consideration includes a proposal to allow all federal credit unions the ability to add underserved areas to their FOM, NAFCU sent a letter to the subcommittee supporting these efforts.
WASHINGTON–Additional details have been released around a meeting at the White House with Treasury Secretary Janet Yellen and other banking regulators that focused on growing concerns over the use of “stablecoins” without a regulatory framework.
ST. PETERSBURG, Fla.–PSCU has announced a number of board changes.
MONETT, Mo. – Not surprisingly, a new survey of bank and credit union CEOs said they plan to invest more in financial technology over the next two years. The same survey also revealed additional plans for investments and focus in the near future.
MADISON, Wis.— A dozen young credit union professionals from seven different countries have received a scholarship that includes an all-expense paid trip to Glasgow, Scotland for the 2022 World Credit Union Conference.
BROOKFIELD, Wis.–Fiserv has been named one of the Best Places to Work for Disability Inclusion for the third consecutive year.
The company said it is a top-scoring company on the 2021 Disability Equality Index (DEI), which it further said is acknowledged as the most robust disability inclusion assessment tool in business.