ALBANY, N.Y.—The New York State Department of Financial Services (DFS) has established new cryptocurrency fraud guidelines.
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PURCHASE, N.Y.—Another CU is feeling the negative effects of taxi medallion loan participations.
SEATTLE—BECU has announced a new program designed to help qualified first-time homebuyers with the downpayment toward a new home.
MADISON, Wis.–The Filene Research Institute announced that SchoolsFirst FCU has become a sponsor of Filene’s Center of Excellence for Emerging Technologies. This Center of Excellence is also sponsored by CO-OP Financial Services with additional support from BECU and Coastal Credit Union.
HONOLULU–HMSA Employees’ FCU here is converting to the i-POWER core software system from EPL, Inc.
SYDNEY, Australia—Australia’s new data breach disclosure rules go into effect this month.
ALEXANDRIA, Va.—Credit unions will learn more about future equity distributions from the National Credit Union Share Insurance Fund (NCUSIF) Thursday when the NCUA board votes on a final methodology for distributing the refunds to CUs.
WASHINGTON—As the Trump administration considers removing Financial Crimes Enforcement Network (FinCEN) guidance that has allowed financial institutions to open accounts for marijuana businesses without running afoul of federal regulators, Treasury Secretary Steven Mnuchin offered some insights into how the Treasury Department may respond to the growing area of marijuana banking.
ARLINGTON, Va.—Total consumer credit rose by 5.8% in December after hitting the fastest pace since July 2011 in November.
TEWKSBURY, Mass.–Shelley Holden, CEO of Tewskbury Credit Union, has been placed on leave by the board after questions were raised related to irregularities around how she handled certain accounts, according to a report by Patch.com.