NEW YORK–Forbes has released its first-ever listing of “Best In-State Banks and Credit Unions,” identifying one credit union as receiving the highest marks and saying that overall CUs outperformed banks on overall score.
Fresh Today
ARLINGTON, Va.—Almost half of the CU respondents to a new survey say their credit union has filed suspicious activity reports (SARs) "defensively.”
AUSTIN, Texas–It’s official: attendance at the upcoming CUTomorrow Conference is now nationwide, with registrants from Hawaii to Maine now signed up.
WASHINGTON—House Chief Deputy Whip Patrick McHenry (R-NC) is calling postal banking "a terrible idea" and requested that President Donald Trump's special task force on postal reform issue a prohibition on any such programs, enhancements or expansions. McHenry’s views were shared in a letter sent to Treasury Secretary Steven Mnuchin.
WASHINGTON—Senate Banking Committee leaders are being asked to delay the NCUA's risk-based capital (RBC) rule by two years in any final Committee on Foreign Investment in the United States (CFIUS) legislation.
WASHINGTON—The Bureau of Consumer Financial Protection should ramp up its efforts to issue new and amended regulations as required by the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), CUNA told the agency this week in a letter.
SEATAC, Wash./TIGARD, Ore./BOISE, Idaho–Credit unions in the Pacific Northwest have donated $334,421 to regional Children’s Miracle Network hospitals following the October “Run for the Roses” auction. The auction took place at the Northwest Credit Union Association’s 2017 MAXX Convention.
SAN DIEGO–Credit unions in California and Oregon have named new CEOs.
WASHINGTON — Equifax Inc. must improve how it manages cybersecurity risk, following an agreement with regulators from eight states. The agreement follows a 2017 data breach that exposed the personal data of nearly 148 million consumers.
KNOXVILLE, Tenn.–Credit unions in Tennessee and Wisconsin have announced separate plans to either merge or seek member approval to merge.