STERLING HEIGHTS, Mich.–Christian Financial Credit Union is building a new headquarters that will be nearly triple the size of its current facility.
Fresh Today
PURCHASE, N.Y.—Mastercard announced the creation of Accelerate, a new initiative to drive growth in fintech industry.
WASHINGTON–President Trump has signed into law the Economic Growth, Regulatory Relief and Consumer Protection Act (S 2155), the package of regulatory relief measures that had the support of both banks and credit unions. The signing comes at the same time the trade groups say they are seeking to get additional reg relief through Congress in this session.
MADISON, Wis.–The Wisconsin Bankers Association said it “vehemently disagrees” with an NCUA opinion letter that found credit unions continue to use the words “bank” and “banking” as they conduct business, arguing state law cannot be pre-empted.
SAN JOSE, Calif.—Cash still matters, and it won't go away anytime soon, according to the chief technology officer at PayPal.
ALEXANDRIA, Va.—At its board meeting this morning, NCUA has voted in favor of a final rule on involuntary liquidations and also put out for comment a proposal for a second type of payday alternative loans (PALs) program being called PALS II.
ALEXANDRIA, Va.–Low-income federally insured credit unions interested in becoming certified community development financial institutions are being reminded they can apply to use NCUA’s streamlined application process beginning June 4.
GRAND RAPIDS, Mich.–CU*Answers is reporting that in its first year running the “Win the Lottery” program, more than 40 employees across cuasterisk.com have participated.
WASHINGTON—Federal Housing Finance Agency (FHFA) Director Mel Watt told the Senate Banking Committee this week that the agency plans to propose a new risk-based capital rule in order to assess relative risks in different mortgage loans categories.
DUBLIN, Ireland–Ireland’s credit unions have again been named by consumers as the most highly regarded brand in the country and the most trusted provider of financial services.