MANCHESTER, N.H.–Bellwether Community Credit Union has named a successor to retiring CEO Michael L’Ecuyer. The credit union has selected Nathan Saller, a 22-year employee of Bellwether Community, to lead the organization.
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BASEL, Switzerland—The World Council said it led an effort to persuade the Basel Committee on Banking Supervision to endorse proportionality, which allows national and regional financial regulators to prescribe compliance standards for credit unions that are less burdensome than those required by Basel III and other international financial regulatory standards.
LAS VEGAS–Whitefish Credit Union won the Best of Show Award – the highest honor in the CUNA Marketing & Business Development Council’s Diamond Awards competition – during the Council’s 26th annual conference here.
WASHINGTON—Regulations governing how businesses can interact with consumers, especially related to telephones, are not keeping up with technology, leaving both consumers and businesses at risk, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices.
MADISON, Wis.–CUNA Mutual Group has received a perfect score of 100 on the 2019 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality. It is administered by the Human Rights Campaign (HRC) Foundation.
SCOTTSDALE, Ariz.–Another analyst has weighed in on the new Apple Card with a less-than-resounding review.
TALLAHASSEE, Fla.— A former credit union employee here has been charged with stealing nearly $37,000 over a two-year period.
MISSISSAUGA, Ontario - Samsung Electronics Canada has announced a new partnership with the Canadian Credit Union Association (CCUA) on a payments solution for its 240 member CUs.
SAN JUAN, P.R.– Inclusiv said it has signed a Memorandum of Understanding between the Community Development Financial Institutions Fund and the Corporation for the Supervision and Insurance of Financial Cooperatives (COSSEC), Puerto Rico’s regulator for financial cooperatives.
LONDON–The need to provide compelling digital experiences for the growing number of tech-savvy customers in banking will drive the adoption of open banking application programming interfaces (APIs), predominantly in the payments and lending areas, according to a new analysis released by GlobalData. But there are also some downsides, the analysis suggests.