WASHINGTON—The Small Business Administration (SBA) finalized its rule to streamline and modernize its Certified Development Company (CDC) program corporate governance requirements.
Fresh Today
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has announced the realignment of its Liaison Division as the Strategic Operations Division (Strategic Ops).
SALT LAKE CITY—Galileo Financial Technologies has launched Galileo Instant Issuing, a collaboration with Mastercard to allow the company to provide fintechs and other businesses with the capability to quickly open bank accounts and issue white-labeled debit cards without long-term contracts and startup fees.
WASHINGTON–Following strong advocacy efforts by CUNA, NAFCU and the Defense Council of Credit Unions, language that would have given banks equal access to military bases as credit unions currently has been removed from the final text of the fiscal year 2020 National Defense Authorization Act (NDAA).
WASHINGTON–A bank trade group wants NCUA to “withdraw and redraft” its proposed field of membership rule.
WASHINGTON—In a letter to Treasury Secretary Steven Mnuchin, NAFCU provided additional insights into recent credit union-bank mergers and acquisitions.
WASHINGTON—Having just scored a victory on one bill, credit unions are now watching numerous other hearings and pieces of legislation in Congress.
WASHINGTON—The November jobs report – with 266,000 jobs added – came as a surprise, according to one analyst.
ARLINGTON, Va.— NCUA's proposed changes to its field of membership (FOM) rule, which would streamline the agency's chartering procedures, is getting general support of NAFCU, although it has raised some concerns around what it called “vague” provisions.
SACRAMENTO, Calif.—CUNA said it is seeking clarity on the California Consumer Privacy Act (CCPA) rules so credit unions can properly comply.