ST. LOUIS—Compliance is putting a big dent in the wallets of community banks, which spent $4.5 billion on coping with regulations during 2014, a new report indicates.
Fresh Today
JACKSON, Mich.–Sheriff’s deputies here who pulled over drivers did not give out tickets, but instead distributed Christmas gifts as part of an initiative launched in conjunction with American 1 Credit Union.
MINNEAPOLIS, Minn.–Protesters who were part of a rally here in response to the shooting of a young man by police defaced a credit union facility, saying the CU is a “major supporter” of the police union.
PEARL HARBOR, Hawaii—Seventy-four years ago today a credit union leader was killed attempting to save the CU’s records during the attack on Pearl Harbor.
HOUSTON–Houston Texas Fire Fighters FCU has named Steve Gilman as CEO.
BREWER, Maine–The 14th Annual Maine CU’s Ending Hunger Walking Tour has come to an end after more than 800 miles of walking by Brenda Davis and stops at 93 different credit unions in 87 Maine communities.
ALEXANDRIA, Va.—The video recording of NCUA Board Chairman Debbie Matz’s Oct. 30 Open Forum is now available on the agency’s website.
LONDON—The average U.S. Millennial with Internet access spends 3.1 hours a day on a mobile phone.
WASHINGTON–The Federal Reserve Board on Wednesday approved a final rule to modify its capital plan and stress testing rules for very large financial institutions.
ALEXANDRIA, Va.–NCUA has released some robust financials for the third quarter, and once again, for large credit unions the numbers were a little more “robuster.”