SAN FRANCISCO–Wells Fargo is back in the news again, and again for an alleged crime.
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WASHINGTON—The Federal Reserve is looking for financial institutions – including credit unions, service providers, and payment processors– to participate in its FedNow Pilot Program to support the development, testing, and adoption of the FedNow Service – the Fed's real-time payments system.
ALEXANDRIA, Va.—It’s National Cybersecurity Awareness Month, and NCUA is reminding credit unions to “remain vigilant” and take steps to protect their systems and critical infrastructure.
PLANO, Texas—The Cornerstone League, formerly known as the Cornerstone Credit Union League, has launched its new brand, which includes its service organization Cornerstone Resources (changed from Credit Union Resources), and the Cornerstone Foundation (previously the Cornerstone Credit Union Foundation).
NEW YORK–JPMorgan Chase has announced a new long-term commitments to advance racial equity.
BISMARCK, N.D./SIOUX FALLS, S.D.–The Dakota Credit Union Association has recognized three Dakota credit union professionals for their outstanding individual achievements, while the association has also elected its new board.
WASHINGTON–The Defense Credit Union Council said its winter advocacy update, Defense Matters, will be offered as a webinar in 2021.
ATLANTA–A group of Black Atlanta businessmen, politicians and entertainers — including former Atlanta Mayor Andrew Young, the entertainer Michael Render (who is better known as Killer Mike) and Bounce TV founder Ryan Glover — have launched a new digital bank focused on developing and promoting local communities and cultivating Black and Latinx entrepreneurs and small businesses.
WASHINGTON—The Consumer Financial Protection Bureau has issued a consent order against Nissan Motor Acceptance Corp., an auto financing subsidiary of Nissan North America, Inc., which services auto loans and leases originated by Nissan and Infiniti dealerships nationwide.
ALEXANDRIA, Va.—The NCUA board Thursday voted 3-0 to issue a proposed rule to “streamline and modernize” derivative investment authority for credit unions.