Hong Kong’s Biggest Bank May Intro Local Crypto 07/25/2023 09:31 pm HONG KONG—Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first local cryptocurrency services.
St. Mary’s Bank Promotes Mas to Associate IT Director 07/26/2023 02:40 pm MANCHESTER, N.H.— St. Mary’s Bank has promoted Juan Mas to associate IT director.
Legislation Intro’d To Expand Deposit Insurance; Expand FHLB Membership; Provide Flexibility For Member Business Lending Cap 07/26/2023 07:44 pm WASHINGTON—Legislation has been introduced that would increase deposit insurance coverage, expand FHLB membership and provide more flexibility under the member business loan cap.
Two Michigan CUs Announce Intent to Merge 07/26/2023 07:42 pm JACKSON, Mich. –Two Michigan credit unions have announced their intention to merge.
Nation’s Largest Bank Sees Double-Digit Increase in Card Outstandings, But Says It’s Part of ‘Normal Trends’ 07/26/2023 07:45 pm NEW YORK—JPMorgan Chase recently reported a double-digit percentage gain in outstanding credit card balances, but clarified the increase is as not a sign of trouble and is simply an indicator of normal trends.
CFPB’s ‘Mischaracterization of Junk Fees’ is Hurting Consumers, Says NAFCU 07/26/2023 07:44 pm WASHINGTON—The CFPB’s “mischaracterization” of “junk” fees is affecting Americans, according to NAFCU, which sent a letter ahead of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection’s hearing on how fees and tactics are affecting consumers.
Dupaco Named a Top Small Employer 07/27/2023 02:04 pm DUBUQUE, Iowa— For the second time in just a month, Forbes has recognized Dupaco Community Credit Union. In this case, Dupaco was named as a top small employer in America.
