WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an updated FAQ document to help financial institutions better understand the scope of the agency's customer due diligence (CDD) final rule under the Bank Secrecy Act (BSA).
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TAMPA, Fla.—Trellance, which describes itself as a newly re-emerged CUSO with a commitment to providing innovative yet simple solutions to help credit unions reach higher, has announced the recipients of its Exceptional Member Initiative (EMI) Awards.
AUSTIN, Texas–The movie trailer has now been released for a blockbuster that will debut in September.
WASHINGTON—April is National Credit Union Youth Month and CUNA is calling on CUs to share how they are encouraging good financial habits among kids.
SAN FRANCISCO–San Francisco FCU has filed suit against the city of San Francisco seeking $28-million in damages it alleges have been caused by ride sharing services on the value of taxi medallions.
WASHINGTON—The U.S. District Court for the District of Columbia Thursday upheld two challenged portions of NCUA’s field of membership rule and struck down two provisions in a lawsuit filed against the agency by the American Bankers Association.
NEW YORK–Credit union CFOs are likely going to want to pay closer attention to an index that may have fallen off their radar.
NEW YORK–The nation’s biggest banks continue to grab an even larger share of Americans’ deposits. Since the 2008 financial crisis, the three largest U.S. banks by assets have added more than $2.4 trillion in domestic deposits–double total deposits in credit unions–according to a Wall Street Journal analysis of regulatory data.
ARLINGTON, Va.—Existing-home sales rebounded in February, increasing 3%, after falling for two straight months.
MARIETTA, Ga.—The $1.2-billion LGE Community Credit Union has agreed to purchase Dallas, Ga.-based Georgia Heritage Bank.