REACH Coverage: Why One CU Makes ITIN Loans (and a Surprising Finding About Who Pays Best) 10/30/2019 08:02 pm MONTEREY, Calif.–The politics around providing loans to undocumented, illegal aliens may be divisive, but the return on and the performance of those loans is anything but, according to one person.
NCUA’s Harper Seeks Comment on Large CU Compliance Exam, Agency Announces Consumer Protection Webinar 10/30/2019 08:00 pm ALEXANDRIA, Va.– NCUA Board Member Todd Harper is requesting public comment on his proposal to create a dedicated consumer compliance exam program for large, complex credit unions. Harper touched on the issue during the recent NCUA board meeting, as well.
U.S. Economic Performance Exceeded Expectations in Q3, But Slowdown Ongoing 10/30/2019 08:02 pm WASHINGTON–The U.S. economy grew faster than many analysts expected in the third quarter, but it slowed slightly from the second quarter as the result of declining business investments.
Let Us Introduce You to ‘Compliance:’ Crypto Startups Told They Must Follow AML Laws 10/30/2019 08:00 pm WASHINGTON—Crypto startups must follow U.S. anti-money-laundering (AML) laws or suffer the consequences, according to the nation’s top AML regulator.
Surprise? Many State CU Regs Difficult to Read, Analysis Finds 10/30/2019 07:59 pm WASHINGTON—A new report has found what many in credit unions will say they already know: the majority of state credit union regulations are difficult to read.
Agriculture Dept. Releases Interim Final Rule on Hemp 10/30/2019 08:02 pm WASHINGTON—The U.S. Department of Agriculture (USDA) has released an interim final rule that outlines provisions for legal hemp production.
CP FCU Launches 3 Programs for Members Who Lose Jobs 10/30/2019 07:54 pm JACKSON, Mich. – Jackson-based CP Federal Credit Union has launched three new programs to help members who’ve been laid off or lost their jobs when a business shut down.
Cabrillo Credit Union Names New CEO 10/30/2019 07:58 pm SAN DIEGO–Cabrillo Credit Union has named a new CEO. The $370-million Cabrillo has named Michael A. DeShazo to lead the organization.
Elevations CU Awarded Cigna Well-Being Award 11/01/2019 12:01 pm BOULDER, Colo.–Elevations Credit Union has been awarded an "Honorable" level Cigna Well-Being Award.
Bank of England Lays Out Rules for Libra, Other Cryptocurrencies 10/31/2019 09:07 pm LONDON—The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain.
