NEW YORK—Chief financial officers are becoming more cautious about the U.S. economy amid rising geopolitical tensions and inflation concerns, but many are still pursuing acquisitions, technology modernization and growth initiatives, according to the latest U.S. Bank CFO Insights Report.
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WASHINGTON—The House Wednesday overwhelmingly approved the bipartisan 21st Century ROAD to Housing Act in a 396-13 vote, advancing a sweeping package aimed at boosting housing supply, easing regulatory barriers to development and expanding community bank participation in housing finance after the White House signaled support for the measure.
WASHINGTON—The Defense Credit Union Council has filed a comment letter with NCUA supporting its proposed rulemaking to remove regulatory provisions related to third-party servicing of indirect vehicle loans.
NEW YORK—Inclusiv and the National Association of Latino Credit Unions and Professionals (NLCUP) are warning that a new Trump Administration Executive Order directing regulators to revisit Bank Secrecy Act rules could push more immigrants and working families out of the mainstream financial system, increase the number of unbanked consumers and make it harder for credit unions to serve members using Individual Taxpayer Identification Numbers and consular identification cards.
MADISON, Wis – Corporate Central brought together credit union leaders for its 45th annual meeting on Thursday, May 14, at the Monona Terrace Community & Convention Center here, held in conjunction with The Wisconsin Credit Union League’s Annual Convention & Exposition.
WASHINGTON— Mortgage applications decreased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 15.
WASHINGTON—President Donald Trump on Monday signed a pair of executive orders aimed at reshaping the regulatory landscape for financial technology firms while simultaneously tightening anti-money laundering and customer identification standards across the U.S. financial system, moves that could have significant implications for banks, credit unions, fintechs and digital asset providers.
HARRISBURG, Pa.—The CrossState Credit Union Association and Metallicus have launched a new initiative designed to help credit unions evaluate stablecoins, blockchain infrastructure, digital identity and faster payments through executive education, sandbox testing and strategic collaboration.
ANTIGO, Wis.—CoVantage Credit Union has named longtime industry executive Matt Kaudy as its next president and CEO following a nationwide search, with the appointment set to take effect June 1.
AUSTIN, Texas—The $100-million Texas DPS Credit Union has named Monique Quarrells president and CEO.