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ALEXANDRIA, Va.—During a Women in Housing and Finance Public Policy Lunch, NCUA Vice Chairman Kyle Hauptman offered an overview on a range of credit union issues and a look at how industry issues and how the agency is responding.

NEW YORK—The acting Comptroller of the Currency is expressing concerns that the rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term.

NEW YORK— Fintechs and cryptocurrency companies are “getting away with murder” as they compete with financial institutions without having to comply with many regulations, according to a former Comptroller of the Currency under President Bill Clinton believes.

OCALA, Fla.–Ocala Community Credit Union has announced a new cost of living allowance (COLA) and minimum wage, among other staff benefits.

GAITHERSBURG, Md.—The National Institute of Standards and Technology (NIST) will join with Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) to host a virtual, informal discussion on the update of the NIST Cybersecurity Framework (CSF) today.

Most credit union managers know first-hand the difficulties associated with transitioning to a digitally enabled financial institution, free from the burdens of legacy technology. 

TYSONS, Va.–The PenFed Foundation said it furthered its commitment to wounded warriors and their families with a $200,000 grant to support Serve Our Willing Warriors (SOWW), a charitable organization providing cost-free retreat stays and programs that positively impact wounded, ill, and injured service members, disabled veterans and their families.

STRATFORD, Conn.–Sikorsky Credit Union hosted Back-to-School Drives in its branches to collect school supplies for children in the community.