SAN ANTONIO–The first misconception a prize-linked savings program needs to overcome: it’s not “gambling.”
Fresh Today
WASHINGTON–The Bureau of Consumer Financial Protection (BCFP) has announced the new members of its reconstituted Credit Union Advisory Council, as well as the members of two newly reformed Councils made up of banking industry representatives.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) is calling on NCUA to delay its risk-based capital rule, saying aspects of the rule remain “problematic.”
KEY WEST, Fla.—Keys Federal Credit Union has named a new CEO. The $146-million Keys Federal said it has selected Maggie Sayer to lead the organization.
RICHMOND, Va.—The Fourth Circuit of Appeals will hear arguments Oct. 30 in an appeal by Department of Labor FCU in a lawsuit alleging website noncompliance with the Americans with Disabilities Act (ADA).
AMSTERDAM, Netherlands—ING Bank N.V. has accepted and paid a settlement of EUR 775,000,000 offered by the Netherlands Public Prosecution Service (NPPS).
MADISON, Wis.—CUES announced a new class has graduated from its 2018 Strategic Growth Institute, held at the University of Chicago Booth School of Business.
WASHINGTON—The Department of Justice is probing Wells Fargo’s wholesale banking unit for fraud in the wake of reports that employees adjusted corporate customers’ information on documents without their knowledge or consent.
WASHINGTON—Democracy Federal Credit Union announced that its president/CEO, Kathy Geary, plans to retire.
SAN ANTONIO–With today the deadline for NCUA’s revised risk-based capital (RBC) proposal, Board Member Rick Metsger told credit unions here he is surprised at the trade groups’ criticisms of what he called a “reasonable, non-partisan compromise proposed by Chairman (Mark) McWatters and I” that affects relatively few credit unions.