Fresh Today

Fresh Today

WASHINGTON—CUNA said it supports efforts to track money laundering and terrorist financing, but it wants to see a balance struck between the costs to financial institutions and the benefits to the federal government, it wrote in a letter for the record of a Senate Banking Committee hearing on combating illicit finance.

BRUSSELS —The European Parliament Credit Union Interest Group met here with the European Network of Credit Unions to discuss  limiting regulatory burdens on credit unions as a means of promoting access to financial services for ordinary Europeans.