WASHINGTON—The FDIC, Federal Reserve and OCC have now opened the comment period as they seek feedback on a proposal put forth last week that raises capital standards for some of the nation’s largest financial institutions.
Fresh Today
PLYMOUTH, Mich.–Community Financial Credit Union has introduced a new brand identity featuring what it says is a “symbolic logo” to go with a vibrant color palette, as well as the transition to primarily using the abbreviation “CFCU.”
ROME, N.Y.–AmeriCU Credit Union said it has been approved by the New York State Department of Financial Services to expand its field of membership into 15 additional counties across the North Country, Mohawk Valley, Central New York, and Cortland-Ithaca communities.
EL PASO, Texas–Raiz FCU said it has released a “leading-edge digital banking platform” that enhances the user experience.
IRVINE, Calif.–Origence and Eltropy said they are expanding a partnership announced in late 2022 to deliver an “enhanced” loan origination experience.
EUGENE, Ore.–Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, Oregon Community Credit Unions said it is already seeing results in the form of more satisfied members and happier employees.
PURCHASE, N.Y.— Mastercard has told financial institutions it will no longer process payments for purchases made in U.S. cannabis businesses, even though a state may have legalized such sales.
ST. PETERSBURG, Fla.–PSCU has announced the May winners of its Service Portal Raffle.
WASHINGTON— The inherent sensitivity of consumer financial data highlights the need to ensure it is handled appropriately and securely, CUNA said in comments filed with the Consumer Financial Protection Bureau (CFPB) in response to its request for information on data brokers.
LOS ANGELES–Americans are increasingly interested in home equity lines of credit, according to an analysis of Google searches.