NEW YORK—Bank of New York Mellon now has dozens of AI-powered “digital employees” with company logins, working alongside human staff across various departments, the Wall Street Journal reported.
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WASHINGTON--Fraud continues to be a pressing issue for credit unions and other financial institutions, and America’s Credit Unions’ fraud task force will meet Thursday to collaborate on the latest ways credit unions are working to protect members and themselves.
WASHINGTON--Ensuring a competitive digital asset marketplace for consumers means credit unions must have parity with banks as users and issuers of digital assets. America’s Credit Unions President/CEO Jim Nussle wrote to the Senate Banking Committee in advance of its hearing on the digital assets marketplace to call for such parity.
KERRVILLE, Texas— As central Texas begins the long road to recovery following devastating flash floods that have claimed more than 100 lives, the U.S. Attorney’s Office for the Western District of Texas is warning the public and financial institutions to be on alert for fraudsters looking to exploit the disaster for personal gain.
CARSON CITY, Nev.--Nevada Governor Joe Lombardo recently signed Senate Bill 375 into law, marking a modernization of the regulatory framework for state-chartered credit unions, guaranteeing they can better serve their members and remain competitive in the evolving financial services landscape, Nevada's Credit Unions reported.
MIAMI—With U.S. credit card debt reaching $1.36 trillion and expected to grow by another $100 billion this year, a new report from WalletHub reveals the Cities With the Highest & Lowest Credit Card Debts.
WASHINGTON—The Federal Reserve’s decision to keep interest rates steady in June was unanimous, but behind the consensus, a growing divide has emerged over what comes next, the New York Times reported.
BAYTOWN, Texas—Community Resource Credit Union has named Chad Heese president and CEO, the $890-million organization announced.
PUERTO RICO— An arrest has been made in the fatal shooting of Noah Amerson, husband of Latonya Allen-Amerson, chief lending officer at Government Printing Office Federal Credit Union.
WASHINGTON— Mortgage applications increased 9.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 4, 2025.