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WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued two notices related to anti-money laundering (AML) programs: One is a final rule to remove an AML program exemption for certain banks that lack a federal function regulator, and the other is an advance notice of proposed rulemaking (ANPRM) to gather public feedback on potential improvements to AML programs.

CHICAGO—Stores aren’t the only ones scrambling to keep up with COVID-19 changes.

MADISON, Wis.–The Filene Research Institute has published a new paper on “Trauma-informed Strategies to Support Credit Union Employees During the COVID-19 Pandemic.”

MADISON, Wis.–We Own It, a nonprofit organization that says it was founded in part to bring member-owners back into their democratically-owned cooperatives, said it has sent a letter to more than 1,000 credit unions asking that excess capital be used to make emergency loans to help keep people in their homes.

WASHINGTON–American families fared better in July than April,  but many still faced uncertainty regarding layoffs and prospects for returning to work, according to the Federal Reserve Board's seventh annual Survey of Household Economics and Decisionmaking.

WASHINGTON– The Library of Congress Federal Credit Union is underwriting the first-ever Library of Congress National Book Festival PBS television special.

WASHINGTON—Approximately one-million homeowners have fallen through a safety net created by Congress early in the coronavirus pandemic to protect borrowers from losing their homes, according to a new analysis. The result: those homeowners are vulnerable to foreclosure and eviction.

WASHINGTON—It is not possible right now to accurately assess the effect of CECL on regulatory capital, according to a new report from Treasury.

NEW YORK—Malicious JavaScript skimming code was recently injected into nearly 2,000 e-commerce sites that were running an older version of Adobe's Magento software, possibly resulting in the theft of payment card data, according to Sanguine Security.

RALEIGH, N.C.–Coastal Credit Union has earned a spot on the Triangle Business Journal’s Best Places to Work for 2020.