MADISON, Wis.–The Filene Research Institute, in partnership with Native Women Lead and Urban Strategies, announced it has selected the first cohort of credit unions accepted into its Racial Economic Equity Incubator (REE Incubator).
Fresh Today
WASHINGTON—The Financial Crimes Enforcement Network’s (FinCEN) proposed rule regarding beneficial ownership information (BOI) access and safeguards could raise issues for credit unions, NAFCU is asserting.
WEST MONROE, La.–Centric Federal Credit Union has expanded its field of membership to 26 additional underserved parishes/counties in Louisiana and Arkansas following approval from NCUA. The expansion was done in partnership with Dollar Associates.
RICHMOND, Va.–Atlantic Union Bank has been hit with a class action lawsuit that alleges the bank charges overdraft fees on transactions that do not actually overdraw customers’ accounts.
WASHINGTON—The Federal Trade Commission has released the final agenda for a forum it will be hosting today to examine a proposed rule that would prohibit employers from what the agency has described as “imposing harmful noncompete restrictions” on workers.
WASHINGTON—President Joe Biden announced has staff changes for the White House’s economic policy team, while a retirement announcement by a senator has garnered words of praise from the CU trade groups.
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) continues to crack down on non-banks that are either claiming or implying they have federal deposit insurance.
WASHINGTON–For the seventh straight month, inflation showed moderation in January, but not to the degree many had hoped and forecast.
WASHINGTON—A New Jersey Superior Court order would force a bank to disclose personal information of its 43,000 member-depositors to an unaffiliated, unregulated third party, a decision over which NAFCU, CUNA and other financial services industry trade groups are expressing concern.
NORTH LIBERTY, Iowa—GreenState Credit Union is reporting it has completed its private placement of $100 million of fixed-to-floating rate “Social Subordinated Notes.”