OAKLAND—Marqeta is expanding into the consumer credit card space to help other brands launch credit card programs.
Fresh Today
DES MOINES—A bill that would prevent Iowa’s state-chartered credit unions from buying banks has passed out of this state’s Senate Committee on Commerce. One analyst told CUToday.info, which was first to report the story here, were it to be enacted it would put the state in a “dark cave” of regulation.
WASHINGTON–Sen. Pat Toomey (R-PA) has sent a letter to NCUA Chairman Todd Harper seeking more information on what he said are “three important matters concerning the NCUA.”
WASHINGTON–The nominee to lead the Consumer Financial Protection Bureau told a Senate hearing he has learned the lessons from a decade ago, and that fair and effective oversight of the mortgage market can promote a “resilient and competitive financial sector” while also addressing racial inequities.
WASHINGTON—With a message that stressed the need to focus on financial well-being, CUNA CEO Jim Nussle said it’s no longer enough to simply tell the credit union story when meeting with state and national leaders--it’s time to back the discussions up with data to “paint an undeniable picture” of what credit unions are doing to help millions of Americans.
WASHINGTON–Eight senior leaders from across multiple functions within credit unions shared updates on how the pandemic has changed their operations, and in many cases, improved service to members, while acknowledging cultural challenges with both members and employees remain.
MADISON, Wis.—More than 200 credit union professionals attended the Worldwide Foundation for Credit Unions’ Virtual Champions Celebration, during which they learned how their financial support has helped credit unions worldwide over the past year and how the 2021 Bridge the Gap Campaign will continue that effort going forward.
WASHINGTON–Echoing remarks delivered by CUNA’s CEO, Ryan Donovan also called on credit unions to emphasize and demonstrate the work they do to improve members financial well-being, especially to Congress.
WASHINGTON–CUNA’s outgoing chairman praised the work credit unions have done during the pandemic and called for striking the “right balance” in adopting digital technologies moving forward.
WASHINGTON—Noting 2021 is likely to be one of the most “consequential years” for the credit union industry, NCUA Chairman Todd Harper outlined how the agency will assist CUs in the coming months, while also touching on potential problem areas he said the agency’s examiners are encountering.