GERMANTOWN, Md.–Montgomery County Employees FCU said it has been granted a field of membership expansion by NCUA that permits it to serve all those who live, work, worship, attend school or volunteer in the counties of Montgomery and Frederick in Maryland; the District of Columbia; and Alexandria, Falls Church, and Arlington County in Virginia.
RANCHO CUCAMONGA, Calif.–CO-OP Financial Services has announced Jean Chatzky, financial editor of NBC’s TODAY show, will be returning as host of the company’s THINK 19 meeting in Miami Beach, along with five additional keynote speakers who will share their unique perspectives about business transformation under the conference theme “Opportunity Never Rests.”
WASHINGTON—Rep. French Hill (R-AR) has sponsored a bipartisan bill that would provide a safe harbor for financial institutions that maintain a customer account at the request of a federal or state law enforcement agency, according to the congressional record summary.
HAUPPAUGE, N.Y. – GrooveCar Direct announced 15 new partners joined the program during the fourth quarter.
NEW YORK–One major card issuer has come up with a unique method to drive usage of digital wallets.
NEW YORK—The U.S continues to lag behind other countries in consumer adoption of mobile wallets.
WASHINGTON—The Consumer Financial Protection Bureau has announced a settlement with Enova International, Inc., an online lender that extends unsecured payday and installment loans, and lines of credit based in Chicago.
ALBANY, N.Y.—Stock and crypto trading app Robinhood has received a BitLicense to operate in New York, according to the New York State Department of Financial Services.
MADISON, Wis.–Credit union loan growth remained strong through November 2018—although once again there are strong disparities between large and small CUs–whileaverage annualized loan yields rose to 4.66% as old lower-rate loans repriced.
CHICAGO–A slick website has been created that seeks to challenge the value of credit unions and the “risk” from credit unions to the American taxpayer, and which suggests money saved from the tax exemption is not going where Congress is intended.
