WASHINGTON—The U.S. Court of Appeals for the D.C. Circuit has released the briefing schedule for the appeal of the U.S. District Court decision in the American Bankers Association (ABA) lawsuit that challenged NCUA's field of membership (FOM) rule.
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DECATUR, Ill.–Land of Lincoln Credit Union has named a new president. The $236-million LLCU said it has selected Robert Ares to lead the organization.
LAWRENCE, Mass.–After one of the CUs changed its charter in order to proceed, the members of Merrimack Valley Credit Union and Bridgewater Credit Union have voted in favor of a merger that would create a nearly $1-billion CU.
DURHAM, N.C.–The American Institute of CPAs’ Financial Reporting Executive Committee has issued a working draft of accounting issues related to the implementation of Accounting Standards Update (ASU) No. 2016-13, Financial Instruments-Credit Losses, and is requesting feedback on issue paper Reasonable and Supportable Forecasting.
SAN JOSE, Calif.—PayPal has posted third quarter results that show double-digit growth in overall transaction volume and payments volume, and high single-digit boosts in the number of payments per active account.
ST. PETERBURG, Fla.–PSCU has opened registration to its owner credit unions for its Member Forum 2019.
CUPERTINO, Calif.—More college students will be using mobile wallets, thanks to Apple.
NEW YORK—While consumers love their credit card rewards programs—as evidenced by the heated rewards battle among the big issuers—retailers are not enamored with those offerings, a new report indicates.
NEW YORK—A federal court here has ordered Gelfman Blueprint Inc. and its chief executive officer, Nicholas Gelfman, to pay $2.5 million is what is the first anti-fraud enforcement action involving Bitcoin filed by the Commodity Futures Trading Commission (CFTC), the agency stated.
ARLINGTON, Va.—The economy again reported robust performance numbers and economists again suggested a “slowdown is looming.”