NEW YORK– Jamie Dimon, CEO of the country’s largest bank, JPMorgan Chase, has released his annual letter to shareholders in which he offered thoughts on everything from the effect the war in Ukraine could have on the global economy and on the bank itself, to the economy, inflation and more.
WASHINGTON––CUNA and NAFCU have joined with one bank trade group and a coalition of consumer groups in submitting a letter to the U.S. House Committee on Financial Services urging passage of the Close the ILC Loophole Act.
WASHINGTON—Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI) are calling on Biden administration officials to close the loophole that exempts the private investment industry from anti-money laundering and countering the financing of terrorism (CFT) obligations.
NEW YORK–Inclusiv has named three people as the winners of its highest honor, the Annie Vamper Helping Hands Award.
MADISON, Wis.—Rapid inflation, including skyrocketing gas prices, has created a new period of financial uncertainty that one expert says requires credit unions to listen closely to their members’ needs and “clear out the noise.”
WASHINGTON–Gary Gensler, chairman of the Securities & Exchange Commission, has asked staff at the agency to look into four new areas for potential new cryptocurrency regulation.
MINOT, N.D.–To mark its 85th anniversary, Aspire Credit Union has completed committing “85 Acts of Kindness” during a one-month period.
TALLAHASSEE, Fla.– Florida’s credit unions provided $467.7 million in direct benefits to 6.4 million members during the one-year period between September 2020 and September 2021, according to the League of Southeastern Credit Unions, which cited data from NCUA and CUNA analysis.
TAMPA, Fla.––To meet growing demand by credit unions for cloud-based data analytics, Trellance said it has released five new cloud business analytics offerings.
HONOLULU, Hawaii–– The Hawaii Credit Union League has named a new president/CEO.
