WASHINGTON—The Office of the Comptroller of the Currency (OCC) plans to release new guidance for fintech charters in July. To date, the OCC has not granted any special purpose charters.
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LOS ANGELES–Another position has been added to the CUToday.info job board, The Gig.
GREAT FALLS, Mont.-Credit union professionals and volunteers in two states have been honored by their respective peers.
VIENNA, VA. — Seventeen credit unions, along with 15 banks, have been recognized for their extraordinary efforts to encourage their members to save money during America Saves Week and Military Saves Week. Five military-affiliated organizations from around the world were also recognized.
MADISON, Wis.—Summit Credit Union here has again held what is believed to be the largest member annual meeting hosted in the U.S. by a credit union, with more than 2,200 people in attendance.
LOS ALAMOS, N.M.—Del Norte Credit Union here is inviting members of its community to help it attempt to break a world record on June 9.
SAN DIEGO—Rabobank, a California subsidiary of the Netherlands-based Cooperatieve Rabobank U.A., has been fined $500,000 for anti-money laundering violations.
SALT LAKE CITY, Utah—More than a dozen public policy organizations, including the Competitive Enterprise Institute and Americans for Tax Reform, have written Senate Finance Committee Chairman Orrin Hatch (R-UT) defending the tax status of credit unions.
JACKSON, Mich.–The CEO of American 1 Credit Union here has received national media coverage after it was learned she had opted not to take a pay increase so that employees could have larger raises.
PFLUGERVILLE, Texas–Former CUNA President Jim Williams, who also had a long career leading several credit unions, has died. Mr. Williams was 83.