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MADISON, Wis. – Consumers are being warned by the Wisconsin Department of Financial Institutions to be wary of the risks associated with interest-bearing cryptoasset and cryptocurrency accounts.

TYSONS, Va.–PenFed Credit Union said it is partnering with Fayetteville, N.C.-based Triple Impact Connections,a veteran-owned communications solutions firm, to bring jobs to military spouses across the United States.

LONDON—The U.K.’s financial watchdog, the Financial Conduct Authority (FCA), is investigating British digital bank Monzo over potential breaches of anti-money laundering and financial crime rules.

PHOENIX–DDJ Myers has released the third paper in a three-part series of white papers on mergers.

TULLAHOMA, Tenn. –Ascend FCU has been named Best Credit Union in the 2021 Rutherford County Main Street Awards sponsored by the Murfreesboro Post. 

WASHINGTON–CUNA has told the Government National Mortgage Association (Ginnie Mae”) it’s time to reassess its exclusion of credit unions from  the definitions of “depository institutions,” saying CUs are “dismayed” at the imposition of a separate risk-based capital calculation imposed on the industry.

ARLINGTON, Va.–While August has long been a traditionally slow period in Washington for both lawmaking and regulatory oversight, that tradition is being bucked by development of new digital technologies, and that has credit unions interested in both what they should and can be doing now, as well as what oversight might lie ahead.

WASHINGTON–Three organizations representing lenders told congressional leadership they oppose an amendment that would make changes to the False Claims Act (FCA) and that would harm the housing market and “frustrate efforts to work with the private sector to distribute COVID-related rental and homeowner assistance.”

SNELLVILLE, Ga. – The African-American Credit Union Coalition (AACUC) will induct four credit union leaders into its Hall of Fame during a special ceremony on Aug. 16 as part of its AACUC Virtual Annual Conference.

KINGSPORT, Tenn.– Credit unions in Tennessee and Maine have named new CEOs effective with the retirement of their current leaders.