WASHINGTON—Comments on a number of proposals issued by NCUA and the Consumer Financial Protection Bureau are due in May, beginning today.
Fresh Today
LAWRENCEVILLE, Ga.— Used values continue to show record-level value retention, Black Book reports.
WASHINGTON—Lawmakers Tom Malinowski (D-NJ) and Sheldon Whitehouse (D-RI) have written to Treasury Secretary Janet Yellen asking her to impose a “war-like footing” in the U.S. Treasury Department to combat money laundering, corruption and kleptocracy.
TAMPA—Trellance, a provider of data analytics, business intelligence, and professional services for credit unions, reported it is partnering with Kaleyra, a communications platform as a service (CPaaS) provide.
WESTBROOK, Maine–A merger between two credit unions 1,200 miles apart has been approved by members. Members of Infinity Credit Union have approved a merger with Deere Employees Credit Union (DECU) of Moline, Ill.
WHATCOM, Wash.–Two Washington credit unions, one of which has a net worth ratio of more than 25%, have announced a merger. Members of the $12.1-million Tesoro Northwest FCU have voted in favor of merging into the $338-million North Coast Credit Union.
SCOTTSDALE, Ariz. – The Mountain West Credit Union Association (MWCUA) has concluded its first-ever hybrid annual meeting and convention, combining an in-person event at the Fairmont Scottsdale Princess with presentations also appearing virtually on an interactive online platform. The annual business meeting was live cast to those members participating on the virtual platform.
WASHINGTON–A report examining 2019 and 2020 by the FDIC’s Office of the Ombudsman found the agency has responded to banking industry complaints over issues ranging from fears of retaliation by FDIC officials to concerns over examinations and appeals.
WESTBURY, N.Y.–Jovia Financial Credit Union has introduced “Stash My Cash,” a program that allows members to “round up” spare change and place it in savings.
FALCON HEIGHTS, Minn.–After more than three decades in credit unions, Debbie Mickelson, division president of Electrus Credit Union, a division of SPIRE Credit Union, has retired.