WASHINGTON–Federal Reserve Board Gov. Daniel Tarullo announced Friday that he will resign on or around April 5, giving President Trump an opportunity to appoint someone.
Fresh Today
ST. PETERSBURG, Fla.—PSCU owner credit unions experienced 8.6% growth in 2016 holiday card spending during the period from November to December.
ALEXANDRIA, Va.–NCUA said that federally insured, low-income credit unions can now apply for certification as community development financial institutions through the streamlined application process the agency developed in conjunction with the Community Development Financial Institutions Fund.
WASHINGTON—Tax refund season means tax fraud, reminds CUNA, which noted that CUs can play a role in battling tax refund fraud.
WASHINGTON–With Republicans clamoring to replace Richard Cordray as director of the CFPB, it raises new questions over who might replace him.
WASHINGTON—The Conference of State Bank Supervisors (CSBS) and state regulators have developed a self-assessment tool to help banks and financial institutions identify, monitor and communicate Bank Secrecy Act/Anti-Money Laundering (BSA/AML) risk.
WASHINGTON—The CFPB and the Attorney General of Virginia have taken action against Woodbridge Coins and Jewelry Exchange, Inc., doing business as Woodbridge Gold & Pawn, for allegedly deceiving consumers about the actual annual costs of its loans.
SAN FRANCISCO–The $1.2-billion San Francisco Fire Credit Union has named Katherine “Kathy” Elser as its new president and CEO.
CANTERBURY, U.K.–A credit union that was launched in part by the Archbishop of Canterbury and other church leaders is now seeking to expand to members of the Catholic Church in England and Wales and in Scotland.
WASHINGTON–In a move welcomed by credit unions, the Department of Labor (DOL) is expected to delay implementation of its fiduciary rule that requires, among other things, that investment advisors act in the best interests of their clients.