WASHINGTON—During the same week the agency’s chairman was again calling for expanded powers, House Financial Services Committee was again told by a credit union trade group that NCUA should not have third-party vendor oversight.
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WASHINGTON—The House Ways and Means Committee and the Senate Finance Committee is being urged to pass legislation “to ensure the IRS follows the original intent of Congress and prevents disruptions to the consumer and commercial lending industries.”
MORRISTOWN, Tenn.–Two Tennessee credit unions said they are seeking to combine.
RIDGECREST, Calif.–AltaOne FCU has selected PSCU/Co-op Solutions to provide it with debit and credit card processing services and support.
ALEXANDRIA, Va.– Registration is now open for a webinar to be hosted by NCUA on Feb. 8 during which the agency said it will share “key points” about its 2024 supervisory priorities.
DOVER, Del.–Del-One Credit Union has named a new president and CE
BOISE, Idaho–Representatives of credit unions that are part of the GoWest CU Association in this state participated in Idaho Credit Union Day at the Capitol, with the association reporting that before the day was over legislators offered to co-sponsor a CU-backed update the state’s Credit Union Act.
WASHINGTON—In a move that signals all organizations, including credit unions, should pay close attention to how they work with AI, the Federal Trade Commission has issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative AI companies and major cloud service providers.
WASHINGTON—Countless credit unions and their employees across the country provide assistance to members when it comes to filing taxes, and many of those members count on tax refunds to pay outstanding bills. One issue CUs may want to alert members of is a move by the Federal Trade Commission to that found Intuit Inc., the maker of TurboTax tax filing software, engaged in deceptive advertising in violation of the FTC Act.
WASHINGTON —The FDIC has issued letters demanding five entities and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance.