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.
Fresh Today
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.
HONOLULU–Hawaii State FCU has again staged a unique fundraiser among credit unions by linking a charitable donation to the number of votes cast in the election for its board of directors.
WASHINGTON—Bitcoin and cryptocurrencies have emerged as an issue—albeit minor—among the candidates seeking the Democratic nomination in the 2020 president race.
NEW YORK—It appears 2% cash back may not cut it anymore.