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WASHINGTON—Congress Wednesday passed a short-term spending bill to keep the federal government running through Dec. 9, avoiding a shutdown at midnight EDT Friday.

WASHINGTON—When Wells Fargo CEO John Stumpf testifies today before the House Financial Services Committee, he will again apologize for the actions of employees that led to the sham accounts and harm to account holders—but will again deny that the bank’s management was involved.

WASHINGTON—The Federal Trade Commission will return almost $20 million to more than 145,000 consumers across the country who were victimized by One Technologies LP and its two partner companies.

WASHINGTON–NAFCU and CUNA said they have jointly retained the law firm Williams & Connolly to respond to the lawsuit filed against NCUA over its proposed changes to its member business lending regulations.

WILMINGTON, N.C. –nCino, a provider of cloud banking, has introduced Loan Auto Decision to its Bank Operating System, enabling financial institutions to automatically run loan requests against their existing, proven credit policies, rendering decisions and providing customers with funds more quickly and efficiently than ever before, the company said.

Lass Advisory Services

http://www.lassadvisoryservices.com

Lass Advisory Services LLC provides strategy consulting to credit unions nationwide.  We work closely with senior management and directors to prioritize and achieve your growth objectives, optimize your distribution channel strategy and utilize data to improve member experience.  

Feedback from our Board planning sessions is consistently excellent. Recent credit union clients include:  BECU (Seattle); Redwood (Santa Rosa); Wescom (Pasadena); Ent (Colorado Springs); Summit (Madison, WI); and many others.  

John Lass was SVP Strategy at CUNA Mutual Group for 10 years and worked with Boston Consulting Group.  John also advises tech firms in Silicon Valley, and can help your credit union integrate and benefit from FinTech innovation.  

We deliver actionable world-class strategic planning tailored to your credit union’s situation and needs efficiently and at an affordable price.  Contact us today at 608-609-9478 or via e-mail to:  john@lassadvisoryservices.com. Visit our website at www.lassadvisoryservices.com.      

 

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NEW YORK–While many big corporations offer internal universities and training program, the kind of education can be expensive. There’s an alternative, says Rob Locascio, founder and CEO of LivePerson.  It’s an old-fashioned tactic: reading.