JACKSONVILLE, Fla. —Florida Gov. Ron DeSantis has signed into law House Bill 989, which designates credit unions as public depositories.
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NAPERVILLE, Ill.– Tracy Lafferty has been named CEO of QCash Financial, LLC, a wholly owned CUSO of Alloya. Lafferty replaces Seth Brickman in the role.
KODIAK, Alaska–“Life is about experiences,” according to one person, who challenged credit unions to think about how their members experience the CU.
KODIAK, Alaska–In a place best known for fishing and timber, credit unions here were updated on a local activity that is far less known: rocket launches.
WESTBURY, N.Y.– Jovia Financial Credit Union is launching a new CUSO, Jovia Commercial Lending LLC, to support credit unions and community banks seeking to manage and/or expand their commercial real estate lending services.
MADISON, Wis.—The World Council of Credit Unions’ (WOCCU) is calling on the G20 to adopt language in its 2024 Leaders’ Declaration that embraces a proportional tailoring of regulations that will enable credit unions to continue increasing financial inclusion across the globe.
LOS ANGELES–To replace the trash bags kids in foster care are often given when they age out of the system or move, SCE Credit Union said it is donating a Comfort Case backpack and Barely Canadian hoodie to youth in foster care for every new account opened this month.
NEW YORK—About 700 financial institutions have connected to the Fed’s instant payment network—FedNow--since its debut in July of 2023, with at least 1,000 more in the pipeline, according to a new report.
WASHINGTON–The Federal Reserve is now seeking comment on a proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services to include weekends and holidays, so that they would operate every day of the year.
WASHINGTON—The Treasury Department fears terrorist groups will increase their use of virtual currencies and other digital assets unless Congress approves new regulatory tools, Deputy Secretary Wally Adeyemo said.