Fresh Today

Fresh Today

WASHINGTON—The credit union trade groups may be hailing the passage out of committee of the Financial CHOICE Act, but analysts are saying the legislation won’t be going any further.

HARRISBURG, Penn.–Patrick Conway, president and CEO of the Pennsylvania Credit Union Association, has authored an op-ed that has been distributed to media across the state that calls for repeal of the Durbin Amendment.

PONTIAC, Mich.—Michael LaJoice, the former CU CFO who allegedly stole more than $20 million from Clarkston Brandon Community CU, is trying to make restitution by selling off properties that include his $1.3-million home, his attorney said.

MADISON, Wis.—CUNA’s board of directors Tuesday passed a resolution stating the trade association’s commitment to protecting credit unions’ interests by rejecting the lawsuit recently filed by the Independent Community Bankers of America against the NCUA and its member business lending rule.

JACKSONVILLE, Fla.—FIS Cardless Cash, the mobile solution that avoids using a plastic card at the ATM to withdraw funds, is partnering with CO-OP Financial Services.