HONOLULU– Hickam Federal Credit Union’s has won a design award for its Windward Mall branch. The credit union won the award in the New Commercial division at the BIA–Hawaii Building Industry Design & Construction Awards for the facility that was designed by Chesterfield, Mo.-based NewGround.
Fresh Today
LONDON—Revolut, a global digital banking service, is planning to launch a multi-currency debit card in the United States by the end of the year.
FOSTER CITY, Calif.—Visa is retooling its small-business credit cards.
MILAN, Italy—An Italian judge has accepted a request by UBS to pay more than 10 million euros ($11 million) to settle a money-laundering investigation, ending one of the Swiss bank’s biggest legal headaches in Europe.
ST. LOUIS–Anheuser-Busch Employees’ Credit Union and divisions, American Eagle Credit Union and Purina Credit Union, have unveiled a new brand name. The credit unions will now be called Together Credit Union.
WASHINGTON—Credit union loans outstanding grew 1.0% in August, compared to a 0.7% increase in July, CUNA’s Monthly Credit Union Estimates for August show. The loan numbers were the lowest since 2012.
WASHINGTON—Seeking to move forward a bill that includes a provision sharply dividing banks and credit unions, Senate Armed Services Committee Chairman Jim Inhofe (R-OK) has offered a "skinny" version of the fiscal year 2020 National Defense Authorization Act (NDAA) that does not include a provision that would treat big banks the same as a local, not-for-profit credit unions when it comes to nominal leases on military bases.
WASHINGTON–The Consumer Financial Protection Bureau and Federal Reserve Board have announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2020.
NEWPORT BEACH, Calif.–In the wake of last week’s NCUA board meeting at which all three board members spoke in favor of the agency having third-party vendor oversight authority, NACUSO has sent an alert to its members registering its strong objections.
COLUMBIA, Md.–Staff at the Maryland and DC Credit Union Association will be enjoying some Texas barbecue while the Cornerstone CU League will replace its profile picture on media sites for 48 years with the logo of the Washington Nationals following the team’s World Series victory.