WASHINGTON–CUNA has launched a 2020 election tracker website it says is designed to follow the “success of CUNA-supported candidates” throughout the primaries and into the general election later this year.
Fresh Today
CAMBRIDGE, Mass.—MIT Federal Credit Union has named a new president/CEO. The $583-million MIT FCU has named Rui F. Domingos to lead the organization.
ORLANDO, Fla.–The nation’s community bankers are meeting here this week and the group’s president saying elected officials have never been more receptive to its message, including on credit unions.
ARLINGTON, Va.—NAFCU is urging the Federal Reserve to consider removing the limit imposed by Regulation D on consumers' ability to freely transfer money between savings and transaction accounts.
BUFFALO, N.Y.—Two men have been arrested for allegedly staging takeover robberies at credit unions in western New York during which more than $438,000 was stolen.
WASHINGTON–A report released by Democrats on the House Financial Services Committee said deficiencies have been found in how federal regulators responded to a number of customer abuses committed by Wells Fargo.
WASHINGTON – The Federal Deposit Insurance Corporation is offering voluntary retirement and “early separation opportunities” to approximately 20% of its employees as part of a workforce realignment.
RANCHO CUCAMONGA, Calif.– Citing concerns related to the threat from the coronavirus, CO-OP Financial Services has rescheduled its THINK 20 conference, moving the even from early May to August 17-20.
WASHINGTON–In response to a report that found daytime alcohol consumption, trips to strip clubs and drug use by members of NCUA’s general counsel’s office, the CU trade groups have issued statements calling the allegations a sign of a need for more oversight.
ALEXANDRIA, Va.—Ahead of the expected release of a report by NCUA’s Office of Inspector General related to allegations of misconduct within the agency, NCUA Chairman Rodney Hood has issued a statement saying he is “surprised and disappointed” to learn of the allegations.