JACKSONVILLE, Fla. — VyStar Credit Union said it will again be sponsoring its “Good is everywhere” initiative, which seeks to recognize the good being done” at its partner organizations across the communities it serves.
Fresh Today
CHEYENNE, Wyo.—Wyoming plans to launch a U.S. dollar-backed stablecoin in early 2025.
MINNEAPOLIS, Minn.—U.S. Bank has expanded its partnership with financial advisor Edward Jones.
HONG KONG—The Hong Kong Monetary Authority (HKMA) has unveiled a project designed to evaluate the use of tokenization across different financial sectors according to a new report.
WASHINGTON–Credit unions are in Washington this week for America’s Credit Unions’ Congressional Caucus and the CU tax exemption is higher on the agenda—at least in terms of discussion—than it has been in recent years.
WASHINGTON–In a letter published in the Washington Post, the president of the America Bankers Association has blasted Virginia-based Northwest FCU’s purchase of the naming rights to the home stadium of the NFL’s Washington Commanders, arguing that was never the intent when Congress provided credit unions with a federal tax exemption.
WASHINGTON—The Federal Reserve needs to conduct additional outreach on expanded operating hours for the FedWire Funds Service and National Settlement Service (NSS) before proceeding with a final rule, according to America’s Credit Unions.
NEW YORK—The average 30-plus-day delinquency rate for six major U.S. credit card issuers ticked up in July.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has published a new Financial Trend Analysis (FTA) on mail theft-related check fraud that shows nearly $700 million in suspicious activity was reported over a six-month period.
NEW YORK–A former credit union branch manager has been sentenced to nearly 10 years in prison for plotting to hire a hitman to kill her brother-in-law, with prosecutors also releasing new details around how the attempted hit played out.