WASHINGTON–The FDIC has released a report identifying what it says are the top challenges it faces. It has also joined other agencies in issuing a statement around crypto risk.
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NEW YORK––Bank of America amassed $1.2 billion in expenses for litigation and regulatory investigations during 2022, including fines and settlements, according to a company filing.
MADISON, Wis.– CUES has released The State of Credit Union Governance, 2023 in partnership with Quantum Governance, L3C. The report was co-authored by Operations Research at the University of North Carolina at Chapel Hill.
WASHINGTON– The Defense Credit Union Council (DCUC) held its 2023 Defense Matters meeting Sunday morning at the Marriott Marquis in Washington, ahead of CUNA’s GAC, and during the meeting DCUC’s Anthony Hernandez praised defense CUs for their contributions to the movement and its members.
TALLAHASSEE, Fla.--Affiliates Consolidated Services (ACS), a wholly owned subsidiary of the League of Southeastern Credit Unions, has approved a $675,000 value transfer to LSCU to fund strategic priorities to advance the operating environment for credit unions.
SALT LAKE CITY–Credit Unions for Kids (CU4Kids) has announced a new logo and a new partnership.
WASHINGTON—President Biden will nominate Ajay Banga, the former president and CEO of Mastercard, to serve as president of the World Bank, the White House announced.
WASHINGTON—While the economy is off to a “surprising” start in 2023, expect a modest recession in the second quarter of the year, according to a new forecast from Fannie Mae.
EAST LANSING, Mich. — MSU Federal Credit has launched AlumniFi, a digital credit union designed to maintain relationships with graduates of Michigan State University.
RANCHO CUCAMONGA, Calif. –Spending by members on their credit and debit cards was “muted” during January, according to the latest numbers released by Co-op Solutions and its SmartGrowth team.