WASHINGTON—The federal banking agencies plan to reintroduce the examination manual for anti-money laundering/Bank Secrecy Act compliance later this year, Comptroller of the Currency Joseph Otting told the Senate Banking Committee last week.
Fresh Today
COSTA MESA, Calif.—Subprime loan originations and balances continue to rise, a new report shows.
TYSONS, Va.—The PenFed Foundation raised $1.6 million during its 15th Annual Night of Heroes Gala here, with all the proceeds going to support veterans, active military members and their families by helping them secure their financial futures. This is the 4thconsecutive year the event raised over $1 million.
WASHINGTON—Federal Communications Commission Commissioner Michael O’Rielly said during public remarks the FCC has an obligation to resolve many of the worthy Telephone Consumer Protection Act (TCPA) petitions that are currently pending.
ENTERPRISE, Ala.–IAM Community FCU here has announced a name change. The $33-million CU said effective June 3 it is changing its name to Solutions First Credit Union.
BROOMFIELD, Colo.—While 88% of American believe they have protected themselves against a cyberattack, a new study has found very few are actually prepared.
WASHINGTON—At the Federal Trade Commission’s request, a U.S. district court in Florida granted summary judgment against two individuals, approved six settlement agreements involving 11 defendants, and entered a default judgment against the remaining seven defendants, officially ending the massive Pointbreak Media robocall scheme, the agency announced.
BRONX, N.Y.—Even after the closing of all four New York City taxi medallion CUs, ride sharing services continue to have a negative impact on credit union loan portfolios.
ST. LOUIS– Credit unions hosting homebuyer workshops might want to help prepare home shoppers by pointing to two new studies that reveal the true costs of homeownership–including big differences in house taxes depending on where one lives. Both of the studies were conducted on behalf of Clever Real Estate.
BROOKFIELD, Wis.—Fiserv has been named to the 65th annual FORTUNE 500, the magazine’s revenue-based ranking of businesses in the United States.