Nominee For FDIC Chair Wants To Break Log Jam, Allow Others To Enter Banking Space 01/29/2018 07:52 pm WASHINGTON—Jelena McWilliams, nominated by President Trump to head the FDIC, vowed last week to address the “hold-up” in issuance of special lending licenses, potentially paving the way for companies like Walmart and fintech firms to enter the banking sector.
FHFA Urged To Extend Comment Period On Credit Score Requirements 01/29/2018 07:53 pm WASHINGTON—The Federal Housing Finance Agency (FHFA) is being asked to extend the comment period regarding credit score requirements.
Clark County Gives Members 3.3 Million Reasons To Celebrate Dividend Day 01/24/2018 08:11 pm LAS VEGAS—On its annual Dividend Day, Clark County Credit Union announced it is returning $3.3 million in earnings to its members.
CUES In Partnership To Publish ‘The State Of Credit Union Governance 2018’ 01/24/2018 08:11 pm MADISON, Wis.—CUES, in partnership with Quantum Governance, L3C, has released The State of Credit Union Governance, 2018, which includes five data-driven recommendations for future success.
Launch Of Start-Up CU For Kansas City’s Underserved Remains On Track 01/24/2018 08:11 pm KANSAS CITY, Mo.–Organizers continue to make progress here on opening the WeDevelopment FCU here.
Nation’s Biggest Bank Plans Big Branch Expansion 01/29/2018 07:53 pm NEW YORK –The nation’s largest bank plans to make a big investment in new branches.
CO-OP Reports New Record Is Set In Processing Transactions 01/29/2018 07:54 pm RANCHO CUCAMONGA, Calif—CO-OP Financial Services reported it established a new annual record by processing more than 6.6 billion credit, debit, electronic funds transfer and shared branch transactions on behalf of its credit union clients in 2017, the company reported.
How One Economist Views The Latest Economic Numbers 01/29/2018 07:54 pm ARLINGTON, Va.—The U.S. economy grew by 2.6% in the fourth quarter, according to the Commerce Department's latest initial estimate.
Bad Connection: NAFCU Repeats Call For Clarity In TCPA 01/24/2018 08:11 pm ARLINGTON, Va.—NAFCU is reiterating its support of the Federal Communications Commission's (FCC) efforts to target illegal robocalls and urged more clarity and flexibility so credit unions can contact their members without fear of violating the Telephone Consumer Protection Act (TCPA).
Court Decision In Favor Of CU Over Website And ADA Is A Plus, But… 01/29/2018 07:55 pm RICHMOND, Va.—Despite a federal district court ruling here in favor of a credit union in a case related to the Americans with Disabilities Act and website access, CUNA is urging cautious optimism when it comes to the decision.
