Fresh Today

Fresh Today

PURCHASE, N.Y.—With more than 70 different nationalities gracing the field in this season’s Union of European Football Associations (UEFA) Champions League, Mastercard has teamed up with soccer legend Pelé to “celebrate the unifying power of football and the moments that have “Started Something Priceless” in the history of the world’s premier club competition.”

WASHINGTON—The House Thursday passed HR 620, the ADA Education and Reform Act of 2017, which credit unions are hopeful will be a first step in addressing the rash of the Americans with Disabilities Act (ADA) lawsuits that are hitting CUs across the country.

LANSING, Mich.–The Michigan Credit Union League has filed amicus briefs in federal court supporting Belle River Community Credit Union and Aeroquip Credit Union supporting their defense against what the league called “cookie cutter lawsuits alleging their websites are not in compliance with the Americans with Disabilities Act (ADA).”

WASHINGTON–Fannie Mae reported a $6.5-billion loss for the fourth quarter of 2017, which likely means it will need an infusion of taxpayer funds to shore up capital even as it continues to generate money for the Treasury.

RALEIGH, N.C./COLUMBIA, S.C.–The Carolinas Credit Union League has named Dan Schline as its new president/CEO, effective July 1.

ALEXANDRIA, Va.–In what was referred to as a “historic day” that “no one thought would ever come,” the NCUA board has voted in favor of making an equity distribution to credit unions from the NCUSIF of $735.7 million to be paid in the third quarter of this year.