Fresh Today

STURGIS, S.D.–More open C-suite positions for which credit unions are seeking candidates continue to be added to CUToday.info’s free job board, the Gig.

WASHINGTON—Nominations are open for financial institutions, trade associations, and non-federal regulators or law enforcement agencies that are interested in becoming members of FinCEN’s Bank Secrecy Act Advisory Group (BSAAG).

WASHINGTON—The Federal Reserve is being asked to delay the effective date of its final rule that requires debit card issuers to enable and allow merchants to choose from at least two unaffiliated networks for card-not-present (CNP) transactions, such as online purchases.

LAWRENCEVILLE, Ga.—Used vehicle values continued to slide in January as the used car market returns to more normal depreciation levels following an extended period of price gains, according to Black Book.

NEW YORK–The former CEO of the now defunct Melrose Credit Union has lost an appeal of his four-year prison sentence for accepting free housing and hundreds of thousands of dollars in gifts related to an estimated $185 million in “questionable” loans for taxi cab medallions.

WASHINGTON–With the House in recess and the Senate focused primarily on nominations this week, both credit union trade association said they expect Capitol Hill to be “quiet” this week.

TULSA, Okla.–Credit unions have announced another $10 million in bonus dividends, year-end loan interest rebates and more, bringing to more than $235 million the amount returned to members this year in the CUToday.info Tracker.

WASHINGTON—As Valentine’s Day arrives, new data shed light just how much the lies of romance scammers are costing.

WASHINGTON–The Merchants Payments Coalition is again using another holiday to highlight credit and debit card swipe fees.

MADISON, Wis.—The Worldwide Foundation for Credit Unions’ Global Women’s Leadership Network (GWLN) said it is encouraging industry women to apply for its 2023 GWLN Scholarship to “take advantage of expanded, year-long virtual learning.”