LIVONIA, Mich.–A video contest for credit unions has been launched that is offering more than $100,000 to winning CUs’ favorite charities.
Fresh Today
WASHINGTON–A group of nearly two-dozen trade associations, including NAFCU and CUNA, have sent a letter of thanks to Sen. Tim Scott (R-SC) and Sen. Joe Donnelly (D-IN) thanking them for introducing S. 1711, a bipartisan companion bill to H.R. 2213, which will provide a reasonable hold-harmless period through the end of the year following the Oct. 3 effective date of the CFPB’s TILA-RESPA Integrated Disclosures (TRID) regulation.
NEW YORK—American Express is introducing a new way to use the AmEx card online, and in the process is adding another player up the digital wallet war.
ALEXANDRIA, Va.– NCUA has named Monica Hughes Davy as the agency’s director of the Office of Minority and Women Inclusion.
RALEIGH, N.C.–Coastal Credit Union said it is restructuring its management team into six divisions. The credit union said it undertook the realignment with several objectives in mind, including executive succession and member service improvements.
HARRISBURG, Penn.–The Pennsylvania Department of Banking and Securities pre-approved 12 types of association common bonds that state-chartered credit unions may include in their field of membership.
ARLINGTON, Va.–NAFCU told NCUA it can go even further in providing regulatory relief as part of the changes the agency has proposed to Part 745 of its Rules and Regulations governing share insurance coverage for IOLTAs.
NASHVILLE, Tenn.–Actress Ashley Judd will appear as the keynote speaker at VolCorp’s Forum 15 later this year.
HANSCOM AFB, Mass.–Hanscom FCU is absorbing the $6.4-million Houghton Mifflin Harcourt Employees FCU via merger.
KNOXVILLE Tenn.—The increasing number of credit union and bank employees being kidnapped in attempts to extort money from the bank or credit union now has the FBI—for a second time this year—advising those working in the financial services industry to take extra precautions.