WASHINGTON—Comptroller of the Currency Joseph Otting said his office will likely reveal special-purpose national bank charters applications from fintech companies by the end of the year or early 2019.
Fresh Today
SAN ANTONIO—A judge in the U.S. District Court for the Western District of Texas has ordered a stay of the implementation date of the Bureau of Consumer Financial Protection’s short-term, small-dollar lending rule.
HOLLYWOOD, Calif.–The recent elections have led to press reports of “divided government” in Washington and a sense nothing can be accomplished, according to NCUA’s chairman. But he said the agency is a great example of how that doesn’t have to be the case.
HOLLYWOOD, Calif.–There is a centrifuge now rapidly spinning and separating the companies—and people—who will survive in the future, and it’s being powered by the six R’s, according to one person.
HOLLYWOOD, Calif.–During a meeting of credit unions here, one person told attendees to take a long look at the person next to them. Why? In five years, he said, one of them would be out of a job—before offering five steps everyone can take to avoid being the one out of work.
WASHINGTON—The resignation by Attorney General Jeff Sessions raises new questions around the fate of several issues of concern to credit unions.
WASHINGTON–The Federal Open Market Committee ended its November two-day meeting Thursday, and as expected, the committee did not move interest rates higher.
NASHVILLE, Tenn. –Lynette Cupps, VP-organizational development with the $1.3-billion MAX Credit Union in Montgomery, Ala. has been named the 2018 CUES Next Top Credit Union Exec (NTCUE) this afternoon.
LONDON–Banking giant HSBC has issued a warning that some of its U.S. customers may have had their personal data compromised in a breach, although it said to date it has seen no signs of fraud.
RANCHO CUCAMONGA, Calif.–CO-OP Financial Services has announced two new headliner keynoters for its THINK 19 conference: brand guru and former Apple VP-Marketing Omar Johnson, and Amy Purdy, Paralympic snowboarding champion and New York Times best-selling author. CO-OP said both individuals embody the idea that opportunity never rests.