WASHINGTON– The Treasury Department’s CDFI Fund has published an update on revisions it is making to the CDFI certification application.
Fresh Today
TUCSON, Ariz.–Hughes Federal Credit Union has named a new president and CEO to succeed the retired Robert Swick. The credit union has selected Executive Vice President-Lending Andrew Britton to lead the organization.
ALEXANDRIA, Va.–To mark Older Americans Month, NCUA said it is partnering with AARP and the CFPB to host a webinar that addresses how society views and talks about financial crimes against older adults.
ROCKVILLE CENTRE, N.Y.–Ocean Financial Federal Credit Union said it is pledging $500,000 over a five-year period to Molloy University with an aim of improving the financial literacy of Molloy students. The funding also includes sponsorship of a number of high-profile events at the university.
ST. PETERSBURG, Fla.–More than half of credit union leaders are less than enthused about providing cryptocurrency products to their members.
BANNOCKBURN, Ill. –As CUToday.info has been reporting, credit unions seeking deposits have been forced by a competitive market to dangle some attractive offers, particularly on certificates. That includes Great Lakes Credit Union (GLCU), which has launched a three-month share certificate paying a 4.85% APY.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has proposed a rule it said is designed to implement a congressional mandate to establish consumer protections for residential Property Assessed Clean Energy loans, better known as PACE loans.
HARTFORD, Conn.–A bill that would require financial literacy education is moving through the Connecticut General Assembly with bipartisan support.
WASHINGTON—The Financial Crimes Enforcement Network has assessed a $1.5 million civil money penalty on South Dakota-chartered The Kingdom Trust Company for “willful violations” of the Bank Secrecy Act (BSA) and its implementing regulations, FinCEN reported.
DES MOINES–Curql Collective is reporting it has added a new fintech Ecosystem Partner: Nickels.