BIRMINGHAM, Ala.—Facebook has introduced a new application that allows P2P payments.
Fresh Today
WASHINGTON—With six different pieces of legislation of importance to credit unions now before the House Financial Services Committee, NAFCU has sent a letter offering support for each, saying the measures will provide “regulatory relief” to CUs.
ARLINGTON, Va.—NAFCU’s member credit unions are expressing three concerns over NCUA’s revised risk-based capital proposal.
WASHINGTON—It will be another busy week in Congress for bills of particular interest to credit unions, as the numerous hearings that were held last week now move into the bill mark-up stage.
WASHINGTON—NAFCU and CUNA have joined with a number of other financial services trade groups in a joint letter to the House Committee on Financial Services calling for the Eliminate Privacy Notice Confusion Act to be to the full House for a vote. The legislation has 51 co-sponsors representing both parties.
INDIANAPOLIS—After a first round of upsets and nail-biters, Scott Witherspoon of Affinity FCU is atop the first-ever credit union industry-wide NCAA March Madness Pool.
MINNEAPOLIS—A federal judge has given a preliminary OK to a $10-million settlement of a consolidated class action lawsuit filed on behalf of consumers affected by the 2013 Target data breach.
NILES, Mich.—United FCU will open a new corporate office (including a branch) and an additional new branch this week.
NEW YORK—For the third year in a row, Idaho Central Credit Union has been named as the best-performing credit union by SNL Financial, which has just released its list of the 50 best-performing credit unions of more than $500 million in assets in the U.S.
TAMPA, Fla.—Suncoast Credit Union here has joined with the National Federation of CDCUs to provide grants to as many as 10 Florida credit unions to be used to apply for Community Development Financial Institution (CDFI) certification through the Federation’s Breakthrough Consulting Group.