ALEXANDRIA, Va.—The NCUA board is set to meet today when it is expected to finalize a rule to make its 2016 field of membership rule consistent with last year's decision from the U.S. Court of Appeals for the D.C. Circuit in the lawsuit brought by the American Bankers Association (ABA).
ATLANTA–The first African American to ever serve as president of a Federal Reserve Bank is calling racism a danger to the health of the American economy.
NEW YORK–While the mortgage markets continue to see record low interest rates, one segment of the market has seen something of a reversal.
WASHINGTON–Both CUNA and NAFCU sent comment letters to the Senate Banking Committee ahead of semi-annual testimony by CFPB Director Kathy Kraninger.
WASHINGTON—While the Financial Crimes Enforcement Network’s effort to calculate and evaluate the burden of filing Suspicious Activity Reports is a good first step, FinCEN needs to do more to fully grasp the costs and benefits of SAR filing, the American Bankers Association stated in a comment letter to the agency.
BROOKFIELD, Wis.—Saying it is seeking to helpfinancial institutions better evaluate and plan for risks in the current operating environment, Fiserv is introducing a real-time forecasting and budgeting solution.
GENEVA, N.Y.–Two New York credit unions have announced plans to merge in a deal under which one will operate as a division of the other.
WASHINGTON–The Independent Community Bankers of America (ICBA) is urging the Senate to incorporate needed reforms in the next round of stimulus legislation.
WASHINGTON—The ongoing shortage of coins in the United States has led the U.S. Coin Task Force to release a statement outlining ways consumers can help address the problem.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has added a new member and re-elected two current members to its Regulator Board.
