Hawaii State CU Ties Votes Cast In its Board Election To Charity Fundraiser 04/29/2019 07:45 pm HONOLULU–Hawaii State FCU has again staged a unique fundraiser among credit unions by linking a charitable donation to the number of votes cast in the election for its board of directors.
Webinar On ‘Pathways To Financial Empowerment’ Set For Today 04/29/2019 07:45 pm NEW YORK–Inclusiv and Neighborhood Trust Financial Partners will host a webinar today titled, “Pathways to Financial Empowerment: Best Practices in Financial Counseling.” The webinar is scheduled for 2-3 p.m. ET.
Nutmeg State FCU In Major ‘Office Space Transition’ 05/06/2019 07:51 pm ROCKY HILL, Conn.–Nutmeg State Financial Credit Union has announced what it is calling a major “office space transition” during which its corporate offices will consolidate under one roof at 500 Enterprise Drive to improve operational efficiency and reduce business costs.
Hudson Valley FCU Looking To Change Charters To Grow 05/06/2019 07:51 pm POUGHKEEPSIE, N.Y. — Hudson Valley Federal Credit Union is looking to switch to a state charter in order to expand its field of membership, and has put the matter before its members for a vote.
Ohio Credit Union Names New President/CEO 04/29/2019 07:46 pm AKRON, Ohio–GenFed Financial Credit Union has named a new CEO. The credit union has selected Mike Doran to lead the organization, succeeding Joyce Jones who has retired after more than 40 years with the CU.
Federal Court To Hear NY Challenge To OCC Over Fintech Charters 05/06/2019 07:51 pm NEW YORK–A U.S. federal court here has ruled it has the authority to hear a challenge by the New York Department of Financial Services to the Office of the Comptroller of the Currency’s plan to issue special-purpose national bank (“SPNB”) charters to fintechs.
FINRA Creates Office Of Financial Innovation To Coordinate On Fintechs 04/29/2019 07:49 pm WASHINGTON – The Financial Industry Regulatory Authority (FINRA) has formed an Office of Financial Innovation it said is designed to serve as a central point of coordination for issues related to significant financial innovations by its member firms, particularly new uses of fintech.
What in the World’s Going On? WOCCU’s New Digital Transformation Lab Offers Answers 04/29/2019 07:50 pm MADISON, Wis.–The World Council of Credit Unions (WOCCU) has introduced a new Digital Transformation Lab, which it described as a virtual platform that allows it to feature the very latest digital transformation components being used in its development projects worldwide.
‘Framework For OFAC Compliance Commitments’ Is Published 05/06/2019 07:51 pm WASHINGTON—The Treasury’s Office of Foreign Assets Control (OFAC) has published “A Framework for OFAC Compliance Commitments” to provide guidance on the essential components of an effective sanctions compliance program (SCP).
Read All About It: Merger Proposed In California 04/29/2019 07:50 pm SACRAMENTO, Calif.–Two California credit unions have announced merger plans.
