Report Examines ‘Myth’ of Free Checking, Suggests NSF Fee Income Staging a Comeback 08/02/2022 07:35 pm NEW YORK–The “myth” of free checking is costing consumers $8 billion annually, according to a new report that found despite the headlines, NSF fees are making a comeback.
Start-Up Fintech Offering Cash Advances So Workers Can Fund 401(k)s 08/02/2022 07:35 pm SAN FRANCISCO–A start-up fintech is offering cash advances to people so they can maximize their 401(k)s to offset the money they’re storing away. The company then takes a percentage of the money employers contribute.
Jack Henry Rebranding 3 of Its Well-Known Brands; Unveils New Website 08/02/2022 07:35 pm MONETT, Mo. – Jack Henry & Associates has announced a rebranding of a number of its well-known subsidiary brands, including Jack Henry Banking, Symitar, and ProfitStars, which will now operate under a singular Jack Henry brand.
NCUA Joins With Other Regulators in Updated Guidance on Commercial RE Loan Workouts 08/02/2022 07:39 pm WASHINGTON–For the first time in 13 years, an update to the guidance to regulators on commercial real estate loan workouts is being proposed, and it includes a 60-day public comment period.
Bill in UK Seeks to Bring Stablecoins Under Control of Regulator 08/02/2022 07:34 pm LONDON—Recently appointed Chancellor of the Exchequer, Nadhim Zahawi, has introduced a new Financial Services and Markets Bill (FSMB) that intends to bring stablecoins under the control of U.K. regulator.
InTouch CU Intro’s New High-Yield Checking Offer 08/02/2022 07:40 pm PLANO, Texas–InTouch Credit Union has introduced a high-yield checking (HYC) account it said has some of the highest dividend rates in the country as compared to similar account types.
Topline FCU Moves to New Charter, Tweaks Name 08/02/2022 07:36 pm MAPLE GROVE, Minn.–The former Topline Federal Credit Union has a new charter and a new name.
