WASHINGTON—House Majority Leader Kevin McCarthy and Republican committee chairmen sent a letter Tuesday to all government agencies requesting that no new regulations move forward in the remaining months of the Obama administration, Roll Call reported.
Fresh Today
WASHINGTON–The National Retail Federation today called on Visa to stop using new EMV technology to steer debit card transactions to its own processing network, stating that the Federal Reserve has said the practice violates merchants’ legal right to competition over who will process the transactions.
WASHINGTON—NAFCU is again telling Congress that the Durbin rules are not having their desired effect—passing merchant interchange savings along to consumers in lower prices—and is asking for the law’s repeal.
VIENNA, Va.—The $78-billion Navy FCU has been named the “2016 Best Overall Online Banking Leader,” according to Javelin Strategy & Research. The credit union’s online platform was recognized for features that empower members to handle financial chores responsibly and guide them along a lifelong financial journey, the CU stated.
DES MOINES, Iowa—Linda Lee Clark, a former bookkeeper for SCICAP CU, has been sentenced to prison for embezzling nearly $2.5 million.
SPOKANE, Wash.–BECU said it has entered into an agreement with Associated Industries here to provide financial services and support to the organization’s members statewide.
COLUMBUS, Ohio–Members of CME FCU here who have an “ez Money” checking account are receiving a bonus.
LIVE OAK, Texas–Randolph-Brooks Federal Credit Union is reporting it has returned more than $2.9 million in cash to its members.
ALEXANDRIA, Va.–NCUA will host a 90-miinute webinar for credit unions concerned about cybersecurity and strengthening relations with digital vendors.
DALLAS–Laura Aguirre, president and CEO of Hawaii First FCU in Kamuela, Hawaii, has been named winner of the 2016 Annie Vamper Helping Hands Award by the National Federation of Community Development Credit Unions.