HARRISBURG, Penn.—The state of Pennsylvania is bringing a class-action lawsuit against more than a dozen of the world's biggest financial institutions for allegedly price-fixing bonds issued by government-sponsored enterprises Fannie Mae and Freddie Mac.
Fresh Today
RANCHO CUCAMONGA, Calif. – Top fintech influencer Bradley Leimer and CUNA CEO Jim Nussle have been added to the lineup of speakers for the THINK 19 conference, scheduled for May 6-9 in Miami Beach.
COLUMBUS, Ind.–Credit unions in Indiana, California and Massachusetts have all announced new headquarters-related building projects.
NEW YORK—Later this year, New York City will begin to open up tap-and-go payments on its subway and bus systems, a move many experts expect will boost consumer use of contactless payments overall.
ST. LOUIS—A new survey has found 47% percent of Americans carry a monthly balance on their credit cards.
NEW YORK–Tim Sloan, CEO of Wells Fargo, said he is stepping down effective immediately as part of an effort to help the scandal-plagued bank to move forward.
WASHINGTON -- The House Financial Services Committee has passed the credit union-backed Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595) by a bipartisan vote of 45-15.
BRENTWOOD, Tenn.—The leaders of the nation’s banks are more worried than ever about cybersecurity, a new report reveals.
WASHINGTON—More concerns about a recession are being raised due to the recent inversion of the yield curve.
WASHINGTON–CUNA has sent a letter ahead of the House Ways and Means Committee hearing on the 2017 tax law that seeks to emphasize what credit unions have a federal tax exemption.
