DUBAI, U.A.E— The United Arab Emirates-based Mashreqbank has agreed to pay $100 million to the New York Department of Financial Services, the Federal Reserve, and the Office of Foreign Asset Control (OFAC) for violation of the now-repealed Sudan Sanctions Regulations.
WASHINGTON–Mortgage rates in the U.S. hit their highest levels since May 2020, helping to drive up the costs of buying a home at the same time home prices are already near record highs.
WASHINGTON–CUNA has announced that those planning to attend its annual Governmental Affairs Conference, which begins at the end of February, will need to provide proof of vaccination against the coronavirus in order to attend.
ARLINGTON, Va.–NAFCU is reporting it has launched its 2022 legislative and regulatory priorities, which it said will help guide advocacy efforts and initiatives this year.
WASHINGTON—The exclusion of credit unions from the Government National Mortgage Association’s definition of “depository institutions” is just one of the issues CUNA has raised with its new president, Alanna McCargo.
ARLINGTON, Va.—Total vehicle sales declined to 12.4 million units from 12.9 million annualized units in December, with monthly sales levels down 24% year over year.
ARVADA, Colo. –Two credit unions have named new CEOs.
TAMPA, Fla.—As consumers move to digital banking in large numbers, a trend that continues to be driven by the persistence of the COVID-19 pandemic, it’s never been more important for CUs to know who their digital account holders are and are not, one expert is emphasizing.
ROCK ISLAND, Ill.–Two more credit unions have announced year-end bonus dividends/interest rebates.
EDWARDS, Calif.–Six more positions have been added to CUToday.info’s free job board, the Gig, including two CUs seeking new leadership at the very top.
