CU Board Modernization Act Passes House 01/30/2023 08:35 pm WASHINGTON–The House of Representative has passed the credit union-supported Credit Union Board Modernization Act, which would allow federal credit union boards to meet at minimum six times per year instead of the current once per month.
Fed Kicks Off Meetings Today With Rate Increase Expected Again 01/30/2023 07:35 pm WASHINGTON–The Federal Reserve’s Open Market Committee will begin two-days of meetings today, with markets widely expecting the FOMC to announce a 25-basis point increase in rates when the meeting concludes tomorrow.
NCUA to Host Webinar Today on 2023 Supervisory Priorities 01/30/2023 07:40 pm ALEXANDRIA, Va.—NCUA will host a webinar today discussing its 2023 Supervisory Priorities Letter to Credit Unions.
EU Agrees to New AML/CFT Guidelines 01/30/2023 09:04 pm BRUSSELS, Belgium—The Council of the European Union has agreed on new and stricter anti-money laundering and countering the financing of terrorism (AML/CFT) guidelines for cryptocurrency transactions.
Credit Union in Scotland Prepared to Help Members with ‘Blue Monday’; Sees Growth in Young Members 02/01/2023 11:06 am GLASGOW, Scotland–One credit union here said it is prepared to help members deal with “Blue Monday.”
First Financial Donates $35,000 02/01/2023 11:04 am SPARKS, Md.– First Financial Federal Credit Union said it deepened its commitment to the Carroll County community by donating a total of $35,000 to benefit three Carroll County partner organizations.
