ALEXANDRIA, Va. —NCUA said it will host a public hearing on June 7 on a request from Dade County FCU to expand its existing community charter. The credit union is headquartered in Sweetwater Fla., which is in the Greater Miami area.
Fresh Today
LAWRENCEVILLE, Ga.—The recent trend of increasing used vehicle values shifted into reverse in April, Black Book reported.
AUGUSTA, Maine–Maine’s credit unions have again testified in the state legislature against another proposal to create a state bank.
WASHINGTON–The chairman of the Senate Banking Committee is pressing the nation’s biggest banks over their plans to stop AI-cloned voices from being used to break into consumers’ financial accounts.
HENDERSON, Nev.–CU Pride Month in June will kick off with an education leadership conference and other events.
MENLO PARK, Calif.–Credit unions, CUSOs, CU trade groups and others have been broadly experimenting with new AI technologies such as ChatGPT, but a new report is warning there is a strong threat from malware at fake AI sites that can capture user accounts and take over businesses’ Facebook pages.
AUSTIN—A Texas House committee has passed a bill to create 100% reserve gold- and silver-backed transactional currencies.
WASHINGTON—Following a lawsuit by the Federal Trade Commission, the operators of an alleged credit card debt relief scheme based in Tennessee have agreed to court orders that would permanently ban them from telemarketing and selling debt relief products or services.
WASHINGTON–A bank trade group is praising a decision requiring nonbank financial companies to better identify risks.
NEW YORK–Authorities are warning consumers that financial scams using text messages purporting to be from financial institutions continue to grow in number and sophistication.