CHARLOTTE, N.C.—Bank of America is stepping up its promotion of online banking, offering $15 to every customer who tries one of several of its mobile services.
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BURLINGTON, Mass.–Credit Unions Kids at Heart is reporting it has received more than $275,000 in donations to date, thanks in part to a generous #GivingTuesday match.
EAST LANSING – Michigan State University Federal Credit Union has proposed building a new office building downtown as part of an effort to spark development.
WASHINGTON—The voting period for two contested CUNA board positions has ended.
OTTOWA, Canada–Credit unions in this country more than tripled their market share among small and medium-size businesses since 1982 and now control 12% of the market, according to a new study.
WASHINGTON—The Senate has passed legislation that would expand the Federal Communications Commission's (FCC) enforcement authority over violations of the Telephone Consumer Protection Act (TCPA) and require voice services providers to authenticate and block illegal robocalls.
WASHINGTON–Senate Banking Committee Chairman Mike Crapo (R-ID), who said he remains “firmly opposed” to the legalization of marijuana on the federal level, is inviting public feedback on ways to address public health and money laundering related to cannabis banking.
WASHINGTON—Congress is now expected to pass a huge new spending package that will not only keep the government open, it also includes funding for a number of provisions backed by credit unions. At the same time, the fiscal year 2020 National Defense Authorization Act (NDAA) is on its way to the president for his signature without language that would have given banks similar access to military bases as credit unions enjoy.
NEW YORK–Thirteen banks and financial services companies have agreed to pay $337 million to settle they conspired to rig the prices of bonds issued by Fannie Mae and Freddie Mac for more than a decade.
WASHINGTON–The Federal Reserve Board plans to hold a series of what it is calling "fintech innovation office hours" across the country during which it said it will meet with banks and companies engaged in fintech.