DENVER–Denver linebacker Brandon Marshall, who was dropped as a spokesperson by Air Academy FCU after he took a knee during the playing of the national anthem prior to a game, said he was surprised at the decision to let him go, but also happy to have now picked up a new endorsement.
Fresh Today
DES MOINES, Iowa–Just weeks into his new job as the business development manager for a regulatory compliance firm, Jason Harpenau recognized the need to start a conversation about the problematic lack of compliance talent available to the movement.
WASHINGTON—The House last week passed the Regulatory Integrity Act of 2016, HR 5226, which would mandate that each executive agency make publicly available a list of each pending regulatory action.
NEW YORK–The chief of New York City’s financial services department is calling on the state-chartered banks and credit unions to accept municipal identification cards, such as the NYC ID card, when cardholders are seeking to open accounts.
WASHINGTON—CUNA has written to Sen. Mike Rounds (R-SD) supporting two of his bills that would provide regulatory relief to credit unions.
SAN FRANCISCO–Wells Fargo has received subpoenas from three different U.S. attorneys’ offices in the last week as the investigation grows into how more than 5,000 of its employees could be involved in a scheme that created more than one-million bogus customer accounts.
WASHINGTON–Mortgage applications were up 4.2% last week, according to the latest data from the Mortgage Bankers Association.
SAN FRANCISCO—The number of banks, merchants, and card issuers offering their own mobile wallets seemingly grows every week in 2016, confirming that interest in mobile proximity payments has never been hotter.
BOSTON—A new study released by the Federal Reserve Bank of Boston shows that while the Target breach lowered consumers’ perception of the security of debit cards following the late 2013 breach, it did not slow their usage of the plastic.
ARLINGTON, Va.—Sen. Gary Peters (D-MI) and CFPB’s Holly Petraeus have joined the list of speakers for NAFCU’s Congressional Caucus next week in Washington.