NEW YORK–Credit union acquisitions of banks, and more broadly, the CU tax exemption, were the subject of a segment on the CNBC program “Power Lunch.”
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WASHINGTON—Certain updates and changes would make it less burdensome for credit unions to comply with anti-money laundering/counter-financing of terrorism (AML/CFT) rules and regulations, America’s Credit Unions said in a letter to the Financial Crimes Enforcement Network (FinCEN).
ALEXANDRIA, Va.–NCUA has awarded more than $3.5 million in Community Development Revolving Loan Fund grants to 135 low-income-designated credit unions.
NEW YORK–The Trepp CMBS Delinquency Rate rose ever so slightly again in August 2024, increasing one basis point to 5.44%, according to its newest report.
DELAND, Fla. — Insight Credit Union said it has entered into a multi-year naming rights deal with Stetson University for the arena inside Edmunds Center.
ST. PETERSBURG, Fla. – Velera has announced the establishment of the Velera Innovation Alliance (VIA), which it said is an extension of Velera’s Fintech Engagement Program announced in April 2024.
JAY, Maine – OTIS Federal Credit Union has expanded its field of membership expansion to include eight additional counties in Maine.
BOULDER CITY, Nev.--Mitchell Stankovic & Associates and the Underground are reporting they will be teaming up with the International CU Call Center Conference on Oct. 16th to support International Credit Union Day.
MADISON, Wis.–The Filene Research Institute plans to host a webinar on how to get the most of Filene membership. The webinar is scheduled for Sept. 10 at 12 p.m. E.T.
NEW YORK–A number of viral TikTok videos that went semi-viral for a short period of time, and which had some people believing they could get “free” cash from ATMs at Chase Bank, were really just the result of a glitch, and the customers involved were actually committing fraud, the nation’s biggest bank said.