DENVER–A delegation of representatives from the World Council of Credit Unions has returned from a visit to Cuba, where they talked about launching the financial co-ops on the island.
Fresh Today
DENVER–CUNA CEO Jim Nussle, attending both his first America’s Credit Union Conference and World Council World CU Conference, said credit unions in not just the U.S. but around the world need to “deliberately” create their own future.
MADISON, Wis. – Wisconsin Gov. Scott Walker has vetoed a number of provisions that were included in a Senate Budget Bill “wrap-up motion” that would have expanded the powers of payday lenders to offer new services. The Wisconsin Credit Union League was among a coalition of business groups that urged the veto.
LIVONIA, Mich.–A video contest for credit unions has been launched that is offering more than $100,000 to winning CUs’ favorite charities.
WASHINGTON–A group of nearly two-dozen trade associations, including NAFCU and CUNA, have sent a letter of thanks to Sen. Tim Scott (R-SC) and Sen. Joe Donnelly (D-IN) thanking them for introducing S. 1711, a bipartisan companion bill to H.R. 2213, which will provide a reasonable hold-harmless period through the end of the year following the Oct. 3 effective date of the CFPB’s TILA-RESPA Integrated Disclosures (TRID) regulation.
NEW YORK—American Express is introducing a new way to use the AmEx card online, and in the process is adding another player up the digital wallet war.
ALEXANDRIA, Va.– NCUA has named Monica Hughes Davy as the agency’s director of the Office of Minority and Women Inclusion.
RALEIGH, N.C.–Coastal Credit Union said it is restructuring its management team into six divisions. The credit union said it undertook the realignment with several objectives in mind, including executive succession and member service improvements.
HARRISBURG, Penn.–The Pennsylvania Department of Banking and Securities pre-approved 12 types of association common bonds that state-chartered credit unions may include in their field of membership.
ARLINGTON, Va.–NAFCU told NCUA it can go even further in providing regulatory relief as part of the changes the agency has proposed to Part 745 of its Rules and Regulations governing share insurance coverage for IOLTAs.