WINTER PARK, Fla.–The first de novo national bank has been chartered since the financial crisis of nearly 10 years ago.
Fresh Today
LONDON—Competition is heating up for international remittances.
SPOKANE, Wash.–The Northwest Credit Union Association, Idaho Credit Union League and Northwest Credit Union Foundation boards have announced their new boards, all of which are continuing for a second year with their respective executive committee leadership structures.
ATLANTIC CITY, N.J.—The New Jersey Credit Union League has announced an update to its board.
WASHINGTON—A new report from the U.S. Drug Enforcement Administration claims that bitcoin is being used to facilitate trade-based money laundering schemes.
WASHINGTON–Texas Republican Jeb Hensarling, the chairman of the House Financial Services Committee with whom credit unions have worked on a number of initiatives, has announced he will not seek re-election in 2018.
ALEXANDRIA, Va. –NCUA has issued one prohibition order and four notices of prohibition.
WASHINGTON–It’s going to be a busy week in Congress, with one CU CEO to testify at one of several hearings of interest to CUs, and the House Ways & Means Committee is scheduled to release plans around tax reform.
WASHINGTON–Two CU economists are predicting that announcements coming later this week will show economic growth well above projections, but neither expects the Fed to move on rates just yet.
WASHINGTON—Federally insured credit unions reported almost $4.1 billion in outstanding non-federally guaranteed student loans as of June 30, 2017. This is up 12.1% from a year ago, according to a new report.