WASHINGTON–The Senate is back and session and the House is set to return next week, meaning “things are getting heated again” in Washington, according to one person with CUNA.
Fresh Today
WASHINGTON–Labor Day earlier this week was a “line in the corporate sand” for many employers when it comes to bringing all of their workers back to the office, according to a new report that addresses an issue with which many credit unions are also wrestling.
DENVER — A credit union member here who was defrauded as part of a scam on Zelle has been reimbursed following a local media report.
ALBURQUEQUE, N.M.–Sandia Area FCU has selected a new president and CEO to replace the retiring Paula Peknik, who has been with the credit union for 38 years and who was named CEO in 2020.
ORLANDO, Fla.–The University of Central Florida and Additional Financial Credit Union have entered into a 12-year, $20-million deal that extends its naming right agreement for the school’s 10,000-seat arena.
WASHINGTON–Even as some credit unions have worked to expand services to cannabis-related businesses, and one cannabis business services CUSO went public for $185 million, most of those same cannabis companies are not making money themselves, according to a new report.
ALEXANDRIA, Va.–With NCUA noting the first half of 2022 experienced the sharpest increase in interest rates in decades, the agency has issued a new Letter to Credit Unions addressing interest rate risk
MEXICO CITY, Mexico—Remittances to Mexico reached a record high in July as Mexican families received $5.3 billion from abroad, an annual increase of 16.5%, according to new data from the Mexican central bank.
NEW YORK—In addition to some congressional Democrats, some New York City officials are also now demanding credit card companies to start playing a stronger role in gun control. The move comes at the same time New York-based Amalgamated Bank — with the help of the advocacy group Guns Down America--has reapplied to the International Organization for Standardization (ISO) to create a new set of merchant category codes for gun sales.
CHICAGO—Walmart has filed a motion to dismiss a lawsuit by the Federal Trade Commission that accuses the company of allowing its money transfer services to be used by scam artists, calling it an “egregious instance of agency overreach.”