CHARLOTTE, N.C. — The concert venue long known as the PNC Music Pavilion is being renamed Truliant Amphitheater under a new naming rights agreement with Truliant Federal Credit Union, according to reporting by The Charlotte Observer.
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WASHINGTON — The FDIC has approved deposit insurance applications from Ford Motor Company and General Motors Company, clearing the way for the creation of Ford Credit Bank and GM Financial Bank as Utah-chartered industrial banks, the agency announced.
SAN FRANCISCO—Buy now, pay later provider Affirm Holdings has applied for a bank charter in Nevada, marking its latest move to expand deeper into traditional banking services, Payments Dive reported.
WASHINGTON— Credit unions won a reprieve in their fight against the Credit Card Competition Act (CCCA) after Sen. Roger Marshall (R-KS) agreed not to offer his proposed swipe-fee amendment during the Senate Agriculture Committee’s digital assets markup scheduled for Thursday.
WASHINGTON—As Winter Storm Fern disrupts travel in the nation’s capital, credit union leaders are ramping up advocacy efforts amid rising risks tied to both a revived Credit Card Competition Act amendment and a looming federal government shutdown ahead of the Jan. 30 funding deadline.
WASHINGTON — The Merchants Payments Coalition and hundreds of retail and business groups are urging the Senate Agriculture Committee to include the Credit Card Competition Act (CCCA) in pending cryptocurrency market-structure legislation, citing rising swipe fees and President Donald Trump’s recent endorsement of the measure.
WASHINGTON— With the House in recess and Winter Storm Fern disrupting travel and operations across much of the country, there is now little to no realistic path to modify and enact the pending federal funding package before the Jan. 30 deadline, sharply increasing the likelihood of at least a short government shutdown, the Defense Credit Union Council contends.
WASHINGTON--The Defense Credit Union Council Sunday sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer urging Congress to pass legislation funding the federal government by Jan. 30, and avoid a shutdown that would jeopardize financial access and pay for millions of military members and their families.
MIDDLETOWN, Conn. — A Connecticut resident has filed a proposed class-action lawsuit against $175-million Ellafi FCU, alleging the Middletown-based credit union failed to adequately protect member data in a cyber breach that exposed personal information of more than 17,600 people, Hartford Business reported.
SAN ANTONIO—A state judge has approved a final settlement in a class-action lawsuit over a 2022 data breach at Generations FCU here, a case that drew scrutiny after a sitting board member objected to the deal but was barred from participating in it, according to the San Antonio Express-News.