TALLAHASSEE, Fla.–The Florida Bankers Association, which has been among the most outspoken in their criticism of credit unions, plans to keep up its attacks in 2020 over what it considers too much “leniency” for CUs.
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WASHINGTON–Comptroller of the Currency Joseph M. Otting has taken to YouTube to make his pitch for why the OCC is proposing a rewrite of the anti-redlining rules that are part of the CWASHINGTON–Comptroller of the Currency Joseph M. Otting has taken to YouTube to make his pitch for why the OCC is proposing a rewrite of the anti-redlining rules that are part of the Community Reinvestment Act.ommunity Reinvestment Act.
DURANGO, Colo.–Two Colorado credit unions have announced merger plans. Members of Southwest Colorado FCU have voted in favor of merging into Denver-based Credit Union of Colorado.
TAMPA, Fla.–Trellance has announced what it is calling “significant upgrades” to its signature M360 data platform.
WASHINGTON—Treasury Secretary Steven Mnuchin said he and Federal Reserve Chairman Jerome Powell don’t expect the U.S. to create a digital currency.
DUBLIN, Ireland–A new report from Ireland’s Central Bank sees ongoing challenges for the country’s credit unions in generating income and building ROA, but also says CUs continue to have a strong overall reserves position.
PHILADELPHIA—Some 71% of 1,461 private health information breaches over the past decade "compromised sensitive demographic or financial information that could be exploited for identity or financial fraud," according to a new research report published in the Annals of Internal Medicine.
ARLINGTON, Va.— The Credit Union Sentiment Index published by NAFCU, which is based on CU exec responses to eight questions based on growth and earnings outlook, lending conditions and regulatory burden, has hit its lowest point on record.
HUNT VALLEY, Md.–Three more credit unions have announced year-end dividends, rebates and other bonuses.
ARLINGTON, Va.—Existing-home sales fell 1.7% in November to a seasonally adjusted annual rate of 5.35 million units, with sales decreasing in the South and West regions.