ALEXANDRIA, Va.— When the NCUA board meets today it will receive a briefing on the Share Insurance Fund’s (SIF) quarterly report and will also issue a final interpretive ruling and policy statement on the Minority Depository Institution (MDI) Preservation Program.
Fresh Today
NEW YORK–An “alarmingly large” portion of the world’s financial systems, including 95% of all ATM activity in the United States and 80% of all in-person credit card transactions, run on 60-year-old computer code that “no one knows anymore,” according to a new report.
WESTBROOK, Maine– The Maine Credit Union League is reporting its Maine Credit Unions’ Campaign for Ending Hunger raised $1,221,868.94 in food and cash donations in 2023—marking a new fundraising milestone for the Campaign and exceeding its annual fundraising goal by over $200,000.
WASHINGTON—Ahead of the House Financial Services Committee’s oversight hearing on FinCEN, America’s Credit Unions expressed support for FinCEN’s efforts “to track and investigate financial crimes involving money laundering and terrorist financing” through beneficial ownership information (BOI) rulemakings.
WEST LAFAYETTE, Ind.—Purdue Federal Credit Union has selected United Solutions for collections services.
ALEXANDIA, Va.–NCUA should implement an enterprise-wide cloud computing strategy and develop and implement associated policies, procedures, and standards, according to a new report from the agency’s Office of Inspector General, which issued the report as part of a review of NCUA’s cloud computing services.
KOLOA, Kauai–Attendees at the recent Volunteer Leadership Institute hosted by Rochdale raised more than $36,000 for the Maui Credit Union Relief Fund, which is providing assistance to those victimized by the fires on the island in 2023.
MADISON, Wis.—The Worldwide Foundation for Credit Unions, along with the Global Women’s Leadership Network and the World Young Professionals Network, said they will be hosting two events during the upcoming Governmental Affairs Conference (GAC) hosted by America’s Credit Unions in Washington.
MADISON, Wis.–The “Evolution and Impact of AI in Credit Unions” will be the subject of a webinar hosted today by Filene.
WASHINGTON–The Defense Credit Union Council has opened registration for its annual conference in August and is now offering an early bird discount.