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WASHINGTON—The Office of the Comptroller of the Currency is being asked by legislators to rescind interpretative letters allowing banks to engage in crypto activities.

NORTH MINNEAPOLIS, Minn.–A de novo credit union that has been in the works for five years to serve the African-American community here now has a new name: Arise Community Credit Union.

WASHINGTON—The speaker lineup at NAFCU’s 2022 CFO Summit now includes Mastercard United States Chief Economist Michelle Meyer, who will discuss the current state of lending.

WASHINGTON—The Conference of State Bank Supervisors (CSBS) has released two new tools aimed at helping nonbank financial services companies improve their cybersecurity posture.

BARSTOW, Calif.–Members of Barstow Community Credit Union have vote in favor of merging into Frontwave Credit Union.

WASHINGTON—Credit unions with “rickety” mainframe computers and those unable to answer some pointed questions from their regulators when it comes to fintech partnerships might find themselves in the crosshairs of not just the NCUA but now also the CFPB, says one legal expert.

ARLINGTON, Va.–Is the passage of the $430-million Inflation Reduction Act an indicator the Democrats may be able to push through other large pieces of legislation this term, including those that include language credit unions both support and oppose?

BROWNSTOWN, Mich.–In honor of its 70^thanniversary, Advantage One Credit Union said its Community Commitment Fund has been created to help charities on a larger scale.

MADISON, Wis.–Nevada has become the latest state  to launch CUNA’s Your Money Further campaign, better known to many as the “Open Your Eyes” national awareness initiative.

WASHINGTON–Representatives from CUNA will be meeting with the director of the Treasury's Community Development Financial Institutions Fund, Jodie Harris, over the delays some credit unions continue to report in renewing their CDFI certification