WASHINGTON–Seven credit unions are among 18 financial institutions that have been recognized by America Saves as recipients of its 2019 Designation of Savings Excellence awards.
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HONOLULU–Hawaii State FCU has launched a new program that will offer grants to small businesses looking to grow or expand their company.
WASHINGTON—Consumers in Indiana, North Dakota and South Dakota are now starting to see Open Your Eyes to a Credit Union materials as CUNA’s Awareness initiative officially expands to those states, the trade association reported.
LONDON–Lloyds Banking Group has pledged a further £1 million to support credit unions across the U.K. through its Credit Union Development Fund.
JACKSONVILLE, Fla. - A man who faces 13 counts of kidnapping after taking hostages inside a credit union here has been ruled competent to stand trial.
FOSTER CITY, Calif.—As acceptance of EMV cards has gained traction in the U.S., counterfeit fraud, measured in dollars for these card-present transactions, has dropped precipitously, Visa said.
NEW YORK—In the lean years following the financial crisis, Citigroup made an unintentional bet on the future of banking that’s now starting to pay off.
GENEVA, Switzerland—Dukascopy Bank announced it has developed its own Ethereum stablecoins.
BASEL, Switzerland–The Basel Committee has revised the leverage ratio treatment of client cleared derivatives to generally align it with the standardized approach measuring counterparty credit risk exposures (SA-CCR) as used for risk-based capital requirements, according to the World Council of Credit Unions, which supported the move.
WASHINGTON—A U.S. judge has found three large Chinese banks in contempt for refusing to comply with subpoenas in a probe into North Korean sanctions violations, the Washington Post reported, adding one of them could lose access to the U.S. financial system.