LOWELL, Mass.–Carla Rasetta, CEO of Mills42 FCU, has announced plans to leave the organization’s management in early December, but will be joining the board of directors.
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SAN FRANCISCO–John Stumpf, who was CEO at Wells Fargo at the time of its massive new account fraud scam, has agreed to pay $2.5 million to settle civil claims related to the scandal.
MADISON, Wis.—CUES said it will begin offering complimentary one-year individual memberships to mentees in the African American Credit Union Coalition’s Mentorship Program.
ARLINGTON, Va.—NAFCU is offering support for FinCEN defining an overall “effective and reasonably” designed anti-money laundering (AML) program – including an explicit requirement for a risk-assessment.
MARLBOROUGH, Mass.– The Cooperative Credit Union Association, which serves credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island, has announced the results of its recent board elections.
HENDERSON, Nev.–CU Pride, the LGBTQ+ community organization for credit unions, will host an “Educate, Inspire & Empower” virtual event on Thursday, Nov. 19 at 1 p.m ET.
ST. PETERS, Mo.–Missouri Valley FCU has been selected as the winner of CU Impossible’s second annual small credit union makeover, and will receive a variety of consulting services designed to help grow the credit union.
BROOKFIELD, Wis.–Fiserv said it has launched a business intelligence platform that enables financial institutions to optimize their card portfolio by harnessing market intelligence along with business and cardholder data.
LONDON—HSBC is taking on the likes of Transferwise and Revolut with the launch of Global Money Account.
EDEN PRAIRIE, Minn.—Almost two-thirds (65%) of large financial services companies have suffered a cyber-attack in the past year, while 45% have experienced a rise in attack attempts since the start of the COVID-19 pandemic, a new report reveals.