ST. PETERSBURG, Fla. – Velera said it has launched a credit union-focused partnership with 3DE by Junior Achievement that will operate under the “Credit Unions Nationwide,” With Velera as the lead sponsor for this case study, it has partnered with 14 credit unions in six U.S. cities – Atlanta; Tampa; Houston; Kansas City; Minneapolis; and Cedar Rapids, Iowa.
Fresh Today
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has taken action against “repeat offender” Fifth Third Bank for what it alleged are a range of illegal activities that will result in the bank paying $20 million in penalties in addition to paying redress to approximately 35,000 harmed consumers, including about 1,000 who had their cars repossessed.
ALEXANDRIA, Va.–NCUA’s Office of Inspector General (OIG) has released a new report that examines the effectiveness of the agency’s scheduling of examination hours.
ALEXANDRIA, Va.—NCUA has extended the deadline for applying for 2024 Community Development Revolving Loan Fund grants to July 12.
PHOENIX -- OneAZ Credit Union said it has signed on as a sponsor of the Center for the Credit Union of the Future as well as the Center for Leadership Strategy & Governance, two of Filene Research Institute’s Centers of Excellence.
Numerous Gov’t Officials to Participate in Financial Literacy and Education Commission Meeting Today
WASHINGTON—Treasury Under Secretary for Domestic Finance Nellie Liang will chair a public meeting today of the Financial Literacy and Education Commission (FLEC).
WASHINGTON—The Federal Reserve has fined Silvergate Capital Corporation and Silvergate Bank $43 million for deficiencies in Silvergate's monitoring of transactions in compliance with anti-money laundering laws.
SEATTLE—A new program is being offered in this city that ties small financial rewards to reductions in or the elimination of substance abuse.
NEW YORK—Binance, the world’s largest cryptocurrency exchange, will once again allow its customers to purchase cryptocurrencies using Mastercard, according to a new report.
WASHINGTON–It remains uncertain just what the Supreme Court decision to overturn the Chevron doctrine will mean for credit unions and regulations, but it’s very likely regulations won’t be proposed and enacted as quickly as they have in the past, according to one person.
