WASHINGTON–CUNA said that “hundreds” of credit union leaders have already directly reached out to their members of Congress about the Credit Card Competition Act, even though only one credit union falls above the asset threshold included in the bill.
Fresh Today
WASHINGTON–There are a number of hearings of interest to credit unions on Capitol Hill this week, but none will be getting more attention than the testimony from the director of the CFPB, who is set to appear before the House and Senate.
TAMPA, Fla.–Trellance and the Filene Research Institute said they have partnered to create the Credit Union Data Exchange (CUDX) and are seeking 100 credit unions to participate.
WASHINGTON—The Defense Credit Union Council has announced three new inductees into its Hall of Honor” Denise Floyd, Fort Sill FCU president/CEO (Retired); Brigadier General Roger Scearce, Andrews FCU director Emeritus, and Col. Sam Farace, Air Force FCU (AFFCU) board chairman.
MIAMI, Fla.–University Credit Union has named a new president and CEO.
RALEIGH, N.C.–Local Government FCU is delaying its plans to end its relationship with State Employees Credit Union of North Carolina.
WASHINGTON—CUNA will host a webinar today on the new FedNow service.
SEATTLE—Affirm has become the first buy now, pay later player to be added to Amazon Pay.
TOKYO—Japan has lifted its stablecoin ban, signaling a significant turning point in the country’s cryptocurrency landscape, according to a new report.
WASHINGTON—CUNA met with the representatives of the Government Accountability Office (GAO) to discuss issues around the Financial Crimes Enforcement Network’s (FinCEN) Currency Transaction Report (CTR) requirements.
