Senate Banking Chair Expresses Concerns Over Crypto Companies Getting National Trust Charters 05/20/2021 08:14 pm WASHINGTON–Senate Banking Committee Chairman Sherrod Brown (D-OH), who has been skeptical of cryptocurrencies, has sent a letter to acting Comptroller of the Currency Michael Hsu expressing concerns about crypto companies getting approved for national trust charters.
They’re Back (Sort Of): More CU Assns Announce In-Person Events 05/20/2021 08:13 pm BOISE, Idaho–Physical meetings in credit unions are making a return, with organizations from coast to coast announcing they will host a number of traditional in-person events later this year.
BrightStar CU Announces Plans for New Headquarters 05/20/2021 08:10 pm COOPER CITY, Fla.–BrightStar Credit Union has announced plans for a new corporate headquarters, saying it will be the first corporate building to be built in Cooper City, Fla.
Webinar Will Share Digitization Strategies Among CUs and Cooperative Banks 05/20/2021 08:04 pm MADISON, Wis.––The World Council of Credit Unions said it will host a webinar in June titled “Sharing Digitization Strategies Among Credit Unions & Cooperative Banks.”
NCUA Board Meeting Coverage: Update on NCUSIF's Financials, CUs by CAMEL Code, and More 05/20/2021 08:32 pm ALEXANDRIA, Va.–During the NCUA board meeting Thursday, updates were provided on the state of the insurance fund, how credit unions now break down according to CAMEL rating, what inflation could mean, and more.
Virginia CU League Names Carrie Hunt as New President/CEO 05/20/2021 08:29 pm LYNCHBURG, Va.–Carrie Hunt, EVP and general counsel with NAFCU, has been named the new president and CEO of the Virginia Credit Union League.
CU Employee & Member Act Introduced in Congress; CUNA Calls on CFPB to Act Now on Debt Collection Rules 05/20/2021 08:15 pm WASHINGTON–The The Credit Union Employee and Member Safety Act of 2021 has been introduced in Congress by Senators Tina Smith (D-MN) and Ben Sasse (R-NE). The legislation seeks to make make credit unions safer for employees and members.
Where Do CUs, Banks Agree? In New Letter Urging Congress to Remove Arbitration Provisions in Private Contracts 05/20/2021 08:15 pm WASHINGTON—NAFCU has joined with several other trade associations, including the American Bankers Association and the Community Bankers Association, to urge lawmakers to oppose legislation the groups allege could hurt consumers, small businesses, and employees by removing arbitration provisions in private contracts.
Genisys CU Sponsoring Breakfast With the Giraffes 05/21/2021 12:04 pm BLUE BELL, Penn.–- On select dates from May to September, Genisys Credit Union said it will be sponsoring Elmwood Park Zoo’s Breakfast with the Giraffes.
President, First Lady are Credit Union Members 05/20/2021 08:15 pm WASHINGTON–President Biden and the first lady remain members of credit unions.
