SUPERIOR, Wis.—The Wisconsin Department of Financial Institutions' Office of Credit Unions has approved the purchase and assumption of Dairyland State Bank by $417-million Superior Choice Credit Union here. The news was first reported by Keith Leggett, the former senior vice president and senior economist at the ABA.
DENVER–CULedger, the CU-owned CUSO formed to focus on creating a global distributed ledger platform, announced it has secured $8.5 million in Series A funding. This round of funding will continue through Nov. 18, 2018.
PHOENIX–A new survey offers insights into where financial institutions are making tech investments.
SYDNEY, Australia—Cryptocurrency exchange Cointree and automated billing platform Gobbill have teamed up to enable Australians to pay bills with cryptocurrency.
DULUTH, Ga.–The Georgia Credit Union Affiliates has relaunched its newly redesigned website at www.gcua.org.
WASHINGTON–Three advisory panels to the Bureau of Consumer Financial Protection, including one representing credit unions, have been pared down.
CHICAGO—The MacArthur Foundation has invested $15 million in the form of a low-interest loan to Self-Help Ventures Fund, located in Durham, N.C.
SAN BERNADINO, Calif..–Thinkwise Credit Union here has selected AuditLink to provide it with vendor-management services.
WASHINGTON—The Senate has voted 69-26 to confirm Richard Clarida as vice chairman of the Federal Reserve Board.
NEW YORK–Consumers increasingly want to find answers to their questions without human interaction, a trend that can be seen in financial institutions branches and in the role of tellers, according to a new report.
