STERLING HEIGHTS, Mich.–Assets have ballooned at one small credit union here after it decided to serve marijuana-related businesses in the state.
Fresh Today
WASHINGTON—The CFPB's Credit Union Advisory Council (CUAC) will begin its two-day meeting on Wednesday to discuss issues that include an overview of the CFPB's regulatory agenda, implementation and guidance concerns, and the Home Mortgage Disclosure Act (HMDA).
LONDON—The Financial Conduct Authority (FCA), the U.K’s financial regulator, has increased its investigations on cryptocurrency exchanges operating in the country.
WASHINGTON—The Independent Community Bankers of America (ICBA) today launched a nationwide campaign calling on policymakers and the public to “Wake Up” to the “risky practices, costly tax subsidies, and irresponsibly lax oversight of the nation’s credit unions.”
ALEXANDRIA, Va.—The NCUA board will vote on a final public unit and non-member shares rule, and issue a notice of public rulemaking on chartering and field of membership at its open meeting Thursday.
WASHINGTON—Both credit union trade groups are expressing concern following an anouncement by a House Financial Services Task Force on Financial Technology tit will consider draft legislation that would grant NCUA direct supervisory authority over third-party vendors and credit union service organizations.
SPOKANE, Wash.–The Credit Unions for Kids Masquerade Auction held during the Northwest CU Association’s MAXX Convention here raised nearly $872,000 for the eight CMN hospitals that treat patients in Idaho, Oregon, and Washington. At the same meeting, the NWCUA also presented its Summit Awards.
SPOKANE, Wash.–NCUA Board Member J. Mark McWatters offered a CU audience here an update on CECL and banking the hemp business, as well as a prediction on what the board will tackle at its meeting later this week. McWatters also noted his remarks may be his last before a CU audience as a board member—or they may not.
SPOKANE, Wash.–The average credit union leader should be fearing a natural disaster, or perhaps a surprise examination. Instead, like most people, their primary fear is snakes. And that’s their brain’s fault, as it contributes to stereotypes and bias, one expert said.
MADISON, Wis.—CUES has launched what it is calling a “redesigned and refined” cues.org.