ST. PAUL, Minn.–Two of Minnesota’s largest credit unions have announced they are seeking to merge.
Fresh Today
MONTPELIER, Vt. – In a coordinated effort, New England Federal Credit Union and VSECU, which are in the process of merging, said they committed a quarter-million dollars in donations to provide assistance following catastrophic flooding that has “devastated downtowns and upended the lives of thousands of Vermont residents.”
WASHINGTON—NAFCU, the Defense Credit Union Council, the Veterans of Foreign Wars, and TruStage have sent a joint letter in response to the agency’s proposed rulemaking regarding charitable donation accounts (CDAs).
WASHINGTON— The legal standard of “any reasonable means” to revoke consent when it comes to consent is difficult to interpret for callers and encourages legal action, according to NAFCU and a number of other groups.
CHORPUS CHRISTI, Texas—A federal court in Texas has delayed implementation of the CFPB’s small business lending data reporting rule until the Supreme Court rules on the constitutionality of the Bureau’s funding structure.
WASHINGTON—The Treasury’s Community Development Financial Institutions (CDFI) Fund’s Community Development Advisory Board (CDAB) met this week, with its CDFI Certification Subcommittee offering several recommendations to the application process echoing credit union concerns and recommendations, according to CUNA.
ALEXANDRIA, Va. –NCUA will host a webinar today for its new cyber incident notifications rule.
ASTON, Penn.– Sun East FCU has named Debbie Cook as its new president. Cook, who previously served as EVP/CFO, will “work closely” with the $877-million credit union’s CEO, Michael Kaczenski, according to the credit union.
ALEXANDRIA, Va.–NCUA has issued one prohibition notice permanently banning the individual from participating in the affairs of any federally insured depository institution.
ALBANY, N.Y.–The merger between the former SEFCU and CAP COM FCU that created Broadview FCU has led to a renaming of the former SEFCU Arena at the University of Albany, which is now known as Broadview Center.