LAS VEGAS—The $1.5-billion One Nevada Credit Union has promoted Steve O’Donnell to president/CEO.
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WASHINGTON--Dismissed NCUA board members Todd Harper and Tanya Otsuka have filed a response opposing the stay that currently bars them from serving until the appeals process concludes.
WASHINGTON—Some credit union industry leaders across the country may be quietly planning to lobby lawmakers to attach pro-CU amendments to the National Defense Authorization Act (NDAA)—a move the Defense Credit Union Council warns could backfire on the industry.
NEW YORK— JPMorgan is teaming up with Coinbase to let customers use their Chase credit cards to fund wallets and purchase cryptocurrency on the exchange beginning in fall 2025, Reuters reported.
WASHINGTON—The White House is reportedly drafting an executive order aimed at cracking down on financial institutions that cut ties with customers over political or ideological beliefs—a move intended to address growing complaints from conservative groups and cryptocurrency firms about alleged financial bias, Coin World said.
GRAND BLANC, Mich.—Members of $104-million COPOCO Community Credit Union, based in Bay City, Mich., have approved a merger with $1.5-million ELGA CU here, MSN reported.
WASHINGTON—The Federal Reserve Board and the Federal Deposit Insurance Corporation have released the public sections of resolution plans—commonly referred to as “living wills”—for the eight largest and most complex U.S. banking organizations, along with 56 foreign banking entities. The institutions were required to submit their plans by July 1, 2025.
WASHINGTON—Representatives Zach Nunn (R-IA) and Jim Himes (D-CN) Tuesday introduced the Taskforce for Recognizing and Averting Payment Scams (TRAPS) Act, bipartisan legislation intended to protect Americans, especially seniors, from payment fraud by creating a coordinated federal task force dedicated to preventing scams.
WASHINGTON--Space Coast Credit Union has joined the Defense Credit Union Council.
TROY, Mich.—Are consumers in the United States learning to persevere through turbulent economic times? Given the latest data from J.D. Power, that certainly seems to be the case.