WASHINGTON--Dismissed NCUA board members Todd Harper and Tanya Otsuka have filed a petition with the U.S. Supreme Court requesting it grant review of their case alongside Trump v. Slaughter, America's Credit Unions reported.
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WASHINGTON--The Financial Crimes Enforcement Network (FinCEN) issued a survey Tuesday specifically aimed at casinos, money servicing businesses, and other non-bank financial institutions to address anti-money laundering/counter financing of terrorism (AML/CFT) compliance costs – without a corresponding survey for credit unions and other financial institutions, America's Credit Unions pointed out.
NEW YORK—Despite repeated predictions that branches would fade into irrelevance, they remain firmly entrenched in credit union strategy. Branch closures may make headlines, but for many CU members the in-person experience is still indispensable, a new study confirms.
SAN JOSE, Calif.—FICO has rolled out the FICO Foundation Model for Financial Services (FFM), a new tool aimed at reducing AI “hallucinations” and helping financial institutions generate lasting value from generative AI, the company announced.
MILWAUKEE—The $7-billion Landmark Credit Union has named Timothy Mackay president and chief executive officer, effective Oct. 13.
BISMARCK, N.D./SIOUX FALLS, S.D.– Jeff Olson has resigned as president/CEO of the Dakota Credit Union Association, the league announced.
ATLANTA—The $31-million 1st Choice Credit Union here has merged into $739-million Hope Federal Credit Union, based in Jackson, Miss., NCUA announced.
MCLEAN, Va.--The 30-year fixed-rate mortgage (FRM) increased this past week, averaging 6.34%, Freddie Mac reported.
WASHINGTON— The CFPB told staff Tuesday that it will remain open if the government shuts down, according to an email seen by Reuters.
WASHINGTON--The CFPB has finalized extended compliance deadlines for its Section 1071 rule requiring lenders to collect and report detailed data on their small business loans, America's Credit Unions reported.