Florida West Coast CU CEO Wood Announces Retirement Plans; Search on for Successor 04/10/2023 07:38 pm BRANDON, Fla.—Mary Ott Wood, president and CEO of Florida West Coast Credit Union, has announced plans to retire Oct. 27 after 24 years of service. A search for a successor has been launched.
Americans Get a Bit More Optimistic About Buying, Selling Homes—Although It’s Relative 04/10/2023 07:40 pm WASHINGTON–Americans are more optimistic—although that’s relative—when it comes to buying and selling houses.
Inclusiv Center for Resilience & Clean Energy Expanding ‘Smart E-Loan’ Program to 3 States 04/10/2023 07:38 pm NEW YORK–The Inclusiv Center for Resiliency and Clean Energy and Inclusive Prosperity Capital (IPC) have partnered to expand the “Smart-E Loan,” IPC's national residential green lending program, to New Mexico, Arizona, and Texas, according to the organizations.
OCC’s Hsu Outlines Priorities When it Comes to Banking, Overdrafts and More 04/10/2023 07:38 pm WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu said the safety and soundness of the federal banking system continues to be a top agency priority, as is improving fairness in banking—including a focus on overdraft charges.
Ex-Navy FCU Employee Charged in Theft of More Than 300K From Nearly 40 Members 04/10/2023 07:37 pm PENSACOLA, Fla.–A former employee of a Navy FCU branch here has been charged with stealing more than $300,000 from nearly 40 members.
Yellen Says Progress Being Made on AML Policy; New Actions are Pending 04/10/2023 07:40 pm WASHINGTON—Treasury Secretary Janet Yellen is pointing to substantial domestic progress on anti-money laundering policy and areas in which Treasury plans to take action in the coming months and years.
Man Uses Fake Passports to Steal Funds from Two Credit Unions 04/10/2023 07:35 pm SANDY, Utah—A man here reportedly was able to steal funds from several credit unions by using fake U.S. passports.
WOCCU’s CAP Project Upgrades Websites 04/11/2023 09:31 pm WASHINGTON—The World Council’s Credit for Agriculture Producers (CAP) Project has completed its effort to upgrade the websites of both Ukrainian credit union associations, two central credit unions and 49 individual credit unions in Ukraine.
CUES Adds ‘Safe and Sound: Resources for Financial Stability’ 04/11/2023 09:31 pm MADISON, Wis.— CUES has launched Safe and Sound: Resources for Financial Stability to “support credit unions in response to the recent bank crisis.”
AmeriCU's Investment Team Wins Award 04/12/2023 09:41 am ROME, N.Y. –AmeriCU Credit Union’s investment team received the 2022 Perspective Program Award of Excellence from CUNA Mutual Group.