LAS VEGAS— Silver State Schools Credit Union President and CEO Scott A. Arkills will retire in May 2027 after more than a decade leading the Nevada-based institution through sustained growth and expanded community outreach, KSNV reported.
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WASHINGTON — Federal Reserve Gov. Lisa Cook said Tuesday that while artificial intelligence holds significant promise for boosting productivity and long-term growth, it could also complicate monetary policy and reshape labor markets in ways that test the central bank’s dual mandate.
MCLEAN, Va.--Capital One has approved $40 million in total compensation for CEO Richard Fairbank in 2025, a roughly 19% increase from the $33.5 million he received in 2024, according to a Securities and Exchange Commission filing reported by BankingDive.
FLORHAM PARK, N.J.--A cyberattack on Conduent Business Services has exposed the personal data of more than 25 million Americans, making it potentially the largest data breach in U.S. history, according to security analysts.
WASHINGTON--This week the Defense Credit Union Council submitted four comment letters to NCUA in response to the agency’s second round of proposed regulatory changes under its ongoing Deregulation Project.
WASHINGTON— Mortgage applications increased 0.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 20.
TAMPA--Optiri, a wholly owned subsidiary of Trellance Cooperative Holdings, Inc., is adding Penetration Testing to its roster of IT and cybersecurity offerings, the company announced.
WASHINGTON--Delivering the credit union perspective directly to the Internal Revenue Service (IRS) and the Department of the Treasury, America’s Credit Unions Head of Regulatory Advocacy James Akin testified Tuesday in a public hearing regarding the implementation of auto loan interest tax deductions in H.R. 1.
WASHINGTON--Credit unions fully support legislation introduced Tuesday by Reps. Vicente Gonzalez (D-TX) and Brian Fitzpatrick (R-PA) that would allow more credit unions to join the Federal Home Loan Bank system, America's Credit Unions said.
SAN FRANCISCO--Former credit union CEO Dennis Devine has been appointed to lead business banking at Wells Fargo, according to a report by Reuters.