WASHINGTON —While credit unions were not included as one of their bullet points of focus for its Capital Summit event in Washington this week, the Independent Community Bankers of America (ICBA) newly released legislative and regulatory policy objectives for 2023 make clear credit unions remain a target.
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WASHINGTON–The nation’s big banks, facing an assessment from the FDIC to replenish the deposit insurance fund following several bank failures have been testing what one report is calling a “clever gambit”: Paying billions of dollars they collectively owe to replenish the fund by using Treasurys instead of cash.
WASHINGTON—The House is being urged to keep the “playing field level” for credit unions in the event of any legislation on stablecoins in a letter sent by NAFCU to the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion.
WASHINGTON—The Federal Housing Finance Agency (FHFA) should be more transparent in its pricing of guarantee fees, CUNA wrote to the House Financial Services Subcommittee on Housing and Insurance.
ALBUQUERQUE, N.M.—The Credit Union Association of New Mexico has named Melia D. Heimbuck as the organization’s next president/CEO.
MADISON, Wis.– In partnership with Rockbridge Associates, the Filene Research Institute has announced the launch of a second run of the Credit Union Innovation Success Study and said it is inviting up to 50 credit unions to enroll in participation for free.
WASHINGTON–Banking regulators are “redoubling their efforts” to assess the banking industry’s preparedness for a number of emerging risks, according to the Federal Reserves’ semi-annual Supervision and Regulation Report.
MIDDLETOWN, Penn.–Vizo Financial’s annual Hot Dog Eating Contest for Children’s Miracle Network (CMN) Hospitals is returning for the 10th year.
WASHINGTON–The pause on federal student loan payments will end later this year, Education Secretary Miguel Cardona has confirmed.
PANAMA CITY, Panama–Credit unions have yet another reason to warn members over just how important their account passwords are—artificial intelligence has made identifying passwords easier than ever.