NEW YORK—Of all the mobile apps used by Americans, mobile banking is near the very top of the usage list, according to a new study.
Fresh Today
LITTLE ROCK, Ark.–A sales tax exemption for federally chartered credit unions in Arkansas has been removed from the Arkansas Tax Reform exemption list assembled by the state’s Tax Reform and Relief Legislative Task Force.
WASHINGTON—Comments on several Bureau of Consumer Financial Protection (BCFP) proposals are due in May.
WASHINGTON–The Federal Reserve Board and the New York State Department of Financial Services have joined to fine Goldman Sachs Group $109.5-million for what the regulators said was unsafe and unsound practices in its foreign exchange (FX) trading business.
BOISE, Idaho–Credit unions in the Pacific Northwest have joined to establish Legacy of Life & Learning Scholarships in memory of Kathy Thomson, the former president and CEO of the Idaho Credit Union League.
SAN ANTONIO–Two Texas credit unions have merged. The $408-million Air Force FCU and the $7.6-million Local 142 FCU said they have received regulatory approval from NCUA and are now operating as one.
SAULT STE. MARIE, Mich.–Lois Kitsch and Mark Lynch have formally announced the launch of their new consulting business, cu.difference.
RALEIGH, N.C.—Constellation Digital Partners, LLC, the CUSO that has raised more start-up funds than any other, announced it has received a $3-million investment from TwinStar Credit Union in Washington.
DUBLIN, Ireland–A CEO of a credit union here is under scrutiny after it was discovered he won the car his credit union was awarding as part of a prize draws.
TYSONS Va.–The PenFed Foundation has launched a new Veteran Entrepreneur Investment Program (VEIP).