TROY, Mich.— Consumer satisfaction with online-only banks continues to rise, driven in part by rising interest rates, according tothe new J.D. Power 2023 U.S. Direct Banking Satisfaction Study.
Fresh Today
A Busy Week in Washington Has Bankers in Town, NCUA Chair Testifying, Hearings of Interest, and More
WASHINGTON—It’s a busy week in Washington that will have legislators focused on the debt ceiling, potential deposit insurance reform, the failures of Signature Bank and Silicon Valley Bank.
WASHINGTON—Community bankers are in Washington this week and while their list of priorities in meeting with representatives will look familiar, one long-time item of concern is missing: credit unions.
BOSTON–Two new people have been named to lead credit unions in Massachusetts.
WASHINGTON—Both CUNA and NAFCU are asking the Environmental Protection Agency (EPA) to clarify that credit unions can participate in grant opportunities under the Greenhouse Gas Reduction (GHGR) Fund before issuing the Notice of Funding Opportunity (NOFO).
WASHINGTON—NAFCU and CUNA have each offered feedback to the Federal Housing Finance Agency (FHFA) on its proposal to amend several provisions in the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac.
WASHINGTON—CUNA is expressing concerns with the proposed changes to the Treasury’s Community Development Financial Institutions (CDFI) Fund Certification Application in a letter to the fund.
WASHINGTON—CUNA, NAFCU and dozens of organizations have written Sens. Kevin Cramer (R-ND) and Mark Warner (D-VA) in support of their SECURE Notarization Act, which would authorize the use of remote online notarization and create national standards and protections for its use.
VIENNA, Va.–Navy Federal Credit Union and Wells Fargo are the targets of a lawsuit that alleges both institutions failed to protect an elderly member/customer who was scammed out of more than $3.6 million.
HARAHAN, La.–The Louisiana Credit Union League (LCUL) has tapped another state league for its new president and CEO. The league has named Juan Fernandez Ceballos, president and CEO of the New Mexico Credit Union Association, to lead the organization.