BROOKFIELD, Wis.—Fiserv has been named to the annual ranking of FORTUNE “World’s Most Admired Companies” for the seventh consecutive year.
Fresh Today
MILWAUKEE, Wis. – InterLutions is reporting its I-Care Employee Benefits program grew at a record pace in 2019 as the result of partnering with 18 new credit unions and nearly doubling the overall pool of insured employees under the I-Care program.
WASHINGTON—U.S. financial institutions may be required to provide more customer information to the Treasury Department’s financial crimes office as it ramps up its focus on foreign money-laundering threats. Separately, NAFCU is offering advice on complying with changes to a FinCEN program.
ARNOLDS PARK, Iowa —A question about the credit union tax exemption was posed to one of the Democratic candidates for president.
WASHINGTON—Rep. Carolyn B. Maloney (D-NY), chair of the House Oversight and Reform Committee, has called on NCUA to place an immediate moratorium on both taxi medallion loan foreclosures and sales of taxi medallion loans currently owned by the agency.
WASHINGTON—CUNA is encouraging credit unions to submit comments on the Consumer Financial Protection Bureau’s proposal to raise the safe harbor thresholds for its remittance rule by today’s Jan. 21 deadline.
ARLINGTON, Va.—Total retail sales rose 0.3% in December – the third consecutive month to see a rise.
ARLINGTON, Va.—On a seasonally adjusted basis, overall consumer prices increased 0.2% in December following a 0.3% rise in November.
WASHINGTON—NCUA Chairman Rodney Hood shared updates on several issues, including data privacy, regulatory relief, consumer protection, and fintech, at an event at the Exchequer Club. Separately, NCUA Board Member Todd Harper met with credit unions in the Carolinas.
LAWRENCEVILLE, Ga.—December continued the sharp fourth-quarter decline in used vehicle values, Black Book reported.