WASHINGTON—America’s community bankers are in Washington this week, and credit unions are again on the agenda when the banks take their turn hiking the hill.
Fresh Today
WASHINGTON–Both the House and the Senate are back in session this week and will be holding a number of hearings of interest to credit unions.
WASHINGTON–The other witnesses who will be joining NCUA Chairman Rodney Hood in testifying before the Senate on May 15 have been named.
ARLINGTON, Va.–The trade group representing state regulators has told NCUA it generally supports the agency’s proposed changes to rules on supervisory committee audits, but it also has some specific objections.
RICHMOND, Va.–Virginia Credit Union has made a $5-million donation to Virginia Commonwealth University for two endowments at the VCU School of Business.
SACRAMENTO, Calif.–Two California credit unions have announced merger plans.
MADISON, Wis.–The World Council of Credit Unions (WOCCU) has introduced a new Digital Transformation Lab, which it described as a virtual platform that allows it to feature the very latest digital transformation components being used in its development projects worldwide.
WASHINGTON – The Financial Industry Regulatory Authority (FINRA) has formed an Office of Financial Innovation it said is designed to serve as a central point of coordination for issues related to significant financial innovations by its member firms, particularly new uses of fintech.
AKRON, Ohio–GenFed Financial Credit Union has named a new CEO. The credit union has selected Mike Doran to lead the organization, succeeding Joyce Jones who has retired after more than 40 years with the CU.
NEW YORK–Inclusiv and Neighborhood Trust Financial Partners will host a webinar today titled, “Pathways to Financial Empowerment: Best Practices in Financial Counseling.” The webinar is scheduled for 2-3 p.m. ET.