WASHINGTON—The House during a pro-forma session has passed a two-week extension of the National Flood Insurance Program.
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ARLINGTON, Va.—A newly updated current expected credit loss (CECL) frequently asked questions (FAQ) document is available on NAFCU's website to assist credit unions as they begin to implement the standard.
HUNTINGTON BEACH, Calif.–Nuvision Credit Union gave away to veterans more than 11,000 gallons of gas over the recent Memorial Day holiday. It marked the fifth annual gas giveaway on Memorial Day as a tribute to veterans and active military personnel.
WASHINGTON—Trump administration officials are getting close to unveiling their plan to return Fannie Mae and Freddie Mac to private-shareholder ownership, according to a new report.
KINGSPORT, Tenn.– Eastman Credit Union (ECU) has made a $295,000 donation to the Ballad Health Foundation for the purchase of a new mobile Marsh Regional Blood Center blood collection unit.
MENLO PARK, Calif.—Following months of rumors that Facebook is launching its own cryptocurrency, it appears the social network giant is going into its final stage of designing the coin, which is said to be launching at some point in 2020.
PURCHASE, N.Y.–Mastercard reported it has entered into a collaboration with Samsung to explore and deliver a better way for people to conveniently and securely verify their digital identity on the mobile devices they use every day.
LONGVIEW, Wash.–Red Canoe Credit Union here shut down its data systems and online banking systems for three days, with its branches and call center remaining closed today.
KINGSTON, Jamaica–OK Sodality Cooperative Credit Union said it has partnered with two foreign companies to develop a financing program for renewable energy products targeted at micro, small- and medium-enterprises and low-income households.
CHARLOTTE, N.C.—Bank of America’s emphasis on growing its digital business appears to be paying off. The bank’s first-quarter earnings report reveals it ended the three-month period with 27.1 million mobile banking customers who use its mobile app regularly.