ALEXANDRIA, Va.—NCUA has launched a new video series about Community Development Financial Institutions and the process for obtaining CDFI certification.
Fresh Today
NEW YORK—Municipal Credit Union will begin offering wealth management services to its members. The MEMBERS Financial Services program is a comprehensive service which includes financial planning, retirement planning, and a portfolio of investment products, including stocks and bonds, mutual funds, and tax-deferred investments.
ARLINGTON, Va.—NAFCU has added Alexander Monterrubio and Kavitha Subramanian to its team of regulatory affairs counsels.
MADISON, Wis. – Chuck Fagan has resigned as CEO of the Credit Union Executives Society in order to take over as CEO of Tampa, Fla.-based PSCU. The move is effective April 10.
WASHINGTON—The Consumer Financial Protection Bureau is finalizing a policy it said is designed to empower consumers to voice publicly their complaints about consumer financial products and services.
ARLINGTON, Va.—NAFCU has sent a letter to NCUA expressing appreciation for the agency’s participation in the Economic Growth and Regulatory Paperwork Act (EGRPRA) review, but said the bigger issue remains that “the regulatory pendulum post-crisis has swung too far towards an environment of overregulation that threatens to stifle economic growth.”
MINNEAPOLIS—Target has proposed paying customers affected by its 2013 data breach as much as $10,000 in damages.
WASHINGTON—The Federal Trade Commission supports the civil penalty authority outlined in proposed data security legislation, but also wants the definition of consumer information expanded in the bill.
ORLANDO—The National Association of CUSOs (NACUSO) has announced the five finalists for its “Next Big Idea” competition to be held in conjunction with its upcoming annual conference, with the Shark Tank’s Daymond John acting as one of the panelists who will question participants.
VIENNA, Va.—Navy FCU has announced it will spend $114.6-million to expand its headquarters here, including a 233,000-square-foot office building and the addition of 600 more jobs.