ALBANY, N.Y.—The New York Department of Financial Services has released consumer protection guidance in the event of virtual currency insolvency.
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RALEIGH, N.C. – In what it said is the largest joint giving to one entity from State Employees’ Credit Union (SECU) and the SECU Foundation, the organizations have made a $5 million contribution to the Dix Park Conservancy to support the development of a historic 308-acre public site into an urban park in Raleigh, the Dorothea Dix Park.
BASEL, Switzerland—Following the failure of several crypto platforms, the Bank of International Settlements (BIS) is exploring de-risking policies for central banks, with a ban on crypto activity one potential option.
WASHINGTON–Although discussion and forecasts continue to focus on a recession in the U.S. economy, economic growth remained solid at the end of 2022, according to new federal data.
WASHINGTON–The Credit Union Board Modernization Act has been reintroduced in Congress.
WASHINGTON—Both credit union trade groups have responded to the CFPB’s outline of proposals to implement section 1033 of the Dodd-Frank Act, which aims to provide a formal mechanism for making consumer data portable.
MADISON, Wis.–With a labor union suggesting an ongoing impasse over a contract could interrupt service to credit unions from CUNA Mutual Group, the company has responded by saying it is continuing to work toward a resolution.
VAN NUYS, Calif.-- Los Angeles Police FCU has named a new president and CEO. The $1.4-billion LAPFCU has named John Roemer to lead the organization.
WASHINGTON–There was at least $4.3-billion in fraudulent unemployment claims during the COVID-19 pandemic, but the actual amount could be as much as 10 times more, according to a new government report.
GRAND RAPIDS, Mich.– The National Association of Credit Union Services Organizations (NACUSO) said it is accepting entries for the 2023 Next Big Idea Competition through Feb. 17.