ST. JOSEPH, Trinidad & Tobago–Three former executives and one long-time employee of the St. Joseph-based Eastern Credit Union Co-Operative Society (ECU) have sent a letter to this country’s Commissioner for Co-operatives mexpressing “grave concern about the operations of the ECU” and are calling for an investigation into the credit union and its board.
Fresh Today
WASHINGTON–In a case that has the attention of credit unions as much as any other constituency in the United States, the Supreme Court heard arguments in a case involving the CFPB, with a report in the New York times suggesting a “majority of justices…seemed ready to reject a challenge to the constitutionality” of the Bureau.
RALEIGH, N.C.–The direction of the nation’s second-largest credit union—and a dominant presence in its home state—has gotten extensive local media attention, including a long report examining why three challengers are running for its board and a philosophical disagreement over risk-based lending.
DENVER–Two credit unions have named new leadership.
SALT LAKE CITY–A federal judge here has ruled the $1.8-billion, Utah-based University First FCU can continue to use “UFirst” as its trademark despite a lawsuit filed by $137.8-million, New York-based UFirst FCU that alleges the similar name has caused confusion among consumers.
LA CROSSE, Wis.—Marine Credit Union is reporting that Mayo Clinic Health System is funding mental health services for participants in “Finding HOME,” the Marine Credit Union Foundation’s long-term financial counseling program that ends in “guaranteed access to market rate homeownership.”
MANCHESTER, N.H.–America's Credit Union Museum has announced new officers and board members.
IRVINE, Calif. – Origence said it will host a free webcast titled “Leveraging Lending Opportunities” on Oct. 12 at 11 am 2 p.m. ET.
WASHINGTON–The Community Development Financial Institutions Fund (CDFI Fund) has released additional guidance it said is intended to help an organization’s Authorized Representative or Authorized Designee to complete the Certification of Material Events Form in the Awards Management Information System (AMIS).
WASHINGTON—A new bill in the House of Representatives aims to require cryptocurrency service providers to report all blockchain transactions to a government repository.