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BISMARCK, N.D.–To honor his 52 years of leadership in credit unions, the Dakota Credit Union Association (DakCU) with support from the South Dakota and North Dakota Governmental Affairs Committees, have renamed the GAC Scholarship as the Roger Heacock GAC-HTH Scholarship.

NEW YORK—How has the pandemic impacted the future of mobile payments? One report suggests three key trends are coming.

WASHINGTON – Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected, a new report shows. 

WASHINGTON–The American Bankers Association has sent a letter to congressional leadership arguing the recent acquisition of a $1.6-billion “taxpaying” bank by VyStar Credit Union is new evidence of a “troubling trend” and a “bad deal for taxpayers,” as well as a growing risk as CU regulatory standards “simply don’t measure up.”

ARLINGTON, Va.–In response to statements from the banking industry that a recent credit union acquisition of a billion-dollar bank is indicative of threats to taxpayers and to underserved communities, NAFCU President and CEO Dan Berger sent a letter to congressional leadership saying the American Bankers Association “continues to misrepresent the facts.”

WASHINGTON–NCUA Chairman Todd Harper is among the witnesses scheduled to appear before the full House Committee on Financial Services on Wednesday, and while the issue is not among the hearing agenda items he could find himself answering questions on credit union acquisitions of banks, among other controversial issues.