WASHINGTON – The FDIC has announced the start of a marketing process for the approximately $33 billion commercial real estate (CRE) loan portfolio it took over following the failure of Signature Bank om New York.
Fresh Today
NEW YORK—More than a dozen U.S. states have now enacted the Money Transmission Modernization Act (MTMA) in whole or in part, while several others have introduced bills to implement some or all of the legislation that seeks to establish a uniform set of regulatory standards applicable to money transmitters at the state level.
NEW YORK—A new survey has found most digital banking consumers believe smartphones and computers are equally secure for several select online financial activities.
PHILADELPHIA–While digital literacy is widely seen as an essential skill, a new report from Pew Research Center has found Americans’ understanding of digital topics “varies notably” depending on the subject.
ALEXANDRIA, Va.– NCUA is co-hosting a webinar today with the Internal Revenue Service about the Volunteer Income Tax Assistance (VITA) program on Sept 7. The webinar will begin at 1 p.m. ET.
DULUTH, Ga. — A brand-new monthly index has been released that seeks to measure the purchasing power of middle-income households between $30,000-$100,000.
WASHINGTON–With the House of Representatives returning to Washington this week and the Senate doing the same next week, credit unions will be watching many of the same issues before Congress as just about every other constituency.
NEW YORK–While U.S. auto sales increased 16.2% in August, one credit union economist sees some brake-tapping taking place, but also predicts a pretty smooth road ahead.
WASHINGTON—Eight Senators have written to Consumer Financial Protection Bureau Director Rohit Chopra to request it stay the effective date of its 1071 rule for all credit unions and FDIC-insured banks.
KANSAS CITY, Mo.–People can now send payments via a Hallmark card.