NEW YORK–Several former members of the board of directors at Municipal Credit Union have filed suit against the state regulator after they were ousted for allegedly failing to properly oversee the CU’s former CEO, who has been arrested and charged with embezzlement.
SAN ANTONIO–There is a fine line between being creepy and being helpful when it comes to using artificial intelligence, but understanding where that line is can make all the difference in building loyalty and usage among members, according to one person.
SAN ANTONIO–The first misconception a prize-linked savings program needs to overcome: it’s not “gambling.”
WASHINGTON–The Bureau of Consumer Financial Protection (BCFP) has announced the new members of its reconstituted Credit Union Advisory Council, as well as the members of two newly reformed Councils made up of banking industry representatives.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) is calling on NCUA to delay its risk-based capital rule, saying aspects of the rule remain “problematic.”
KEY WEST, Fla.—Keys Federal Credit Union has named a new CEO. The $146-million Keys Federal said it has selected Maggie Sayer to lead the organization.
RICHMOND, Va.—The Fourth Circuit of Appeals will hear arguments Oct. 30 in an appeal by Department of Labor FCU in a lawsuit alleging website noncompliance with the Americans with Disabilities Act (ADA).
AMSTERDAM, Netherlands—ING Bank N.V. has accepted and paid a settlement of EUR 775,000,000 offered by the Netherlands Public Prosecution Service (NPPS).
MADISON, Wis.—CUES announced a new class has graduated from its 2018 Strategic Growth Institute, held at the University of Chicago Booth School of Business.
WASHINGTON—The Department of Justice is probing Wells Fargo’s wholesale banking unit for fraud in the wake of reports that employees adjusted corporate customers’ information on documents without their knowledge or consent.
