ASHWAUBENON, Wis.–Capital Credit Union has purchased the former Sparknet building on West Main Avenue here for $6 million and plans to move into it by early 2019.
Fresh Today
ST. PETERSBURG, Fla.–PSCU said it has named Dean Young to its executive leadership team as its new executive vice president and chief experience officer.
ALEXANDRIA, Va.–The video recording of the Aug. 2, 2018, open meeting of the NCUA board is now available on the agency’s website.
OTTAWA, Canada—The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.
WASHINGTON—A new white paper on ATM attacks has been released by the Financial Services Information Sharing and Analysis Center (FS-ISAC).
PENRITH, England–Eden & South Lakeland Credit Union (ESLCU) has been awarded a £5,000 grant from Unity Bank to revamp its website to attract new members and provide a better user experience.
LONG BEACH, Calif.–Southland Credit Union said it has entered into a multi-year partnership with the athletic department at Long Beach State University. The deal makes Southland the Official Credit Union of Long Beach State Athletics and will run through 2022.
SACRAMENTO, Calif.–While it wouldn’t be applicable to credit unions, new legislation in California might one day lead to mandatory changes in credit union boards.
KINGSTON, Jamaica–Community and Workers of Jamaica (C&WJ) Co-operative Credit Union is about to become the largest credit union in this country by assets following its merger with the St Elizabeth Co-operative Credit Union (STECCU).
WASHINGTON–NCUA should raise the assets threshold for its extended exam cycle to $3 billion, CUNA said in a comment letter. Doing so would bring parity to credit unions with banks, which recently saw an increase in the assets threshold to that level as part of the recently enacted regulatory relief bill, S. 2155.