Fresh Today

Fresh Today

WASHINGTON--With the Office of the Comptroller of the Currency proposing reforms, the NCUA should undertake a rulemaking to align more closely and modernize its appeals process for supervisory decisions to allow for a more transparent, independent, and accessible process, America’s Credit Unions asserted.

WASHINGTON— The Treasury Department is seeking public comment on whether major cyber incidents are being handled adequately under the federal Terrorism Risk Insurance Program, reopening debate over whether catastrophic cyberattacks may eventually require a government insurance backstop, Bank Info Security reported.

CHELSEA, Mass.— Metro Credit Union and Members Plus Credit Union said they plan to merge in a deal that would create a $3.5-billion institution serving about 214,000 members through 25 branches, with Metro Credit Union as the continuing CU if approved by members and regulators.

WASHINGTON—The Department of Homeland Security shutdown remained unresolved Thursday afternoon, despite earlier signs of a breakthrough, as President Donald Trump moved to temporarily restore pay for unpaid DHS workers while Congress remained deadlocked over a longer-term funding fix.