Bill Would Keep Chinese Provider from ‘Infiltrating’ U.S. Payments System, Group Claims 02/07/2023 07:30 pm WASHINGTON–Passage of the credit union-opposed Credit Card Competition Act is needed to keep China from “infiltrating” the U.S. payments processing market, the Merchants Payments Coalition (MPC) told a House committee.
Two People Named to Succeed Two Well-Known CEOs 02/07/2023 07:33 pm RALEIGH, N.C.–Two credit unions have named new CEOs.
To Honor Late CEO, CUES Announces Creation of the John Pembroke Catalyst for Change Award 02/07/2023 07:35 pm MADISON, Wis.— CUES has announced plans to pay tribute to its late president/CEO with the John Pembroke Catalyst for Change Award, formerly the DEI Catalyst for Change Award.
SeaComm FCU Distributes $50,000 in Heating Fuel Grants to Help Members 02/07/2023 07:30 pm MASSENA, N.Y. – With a winter cold blast having hit the Northeast, SeaComm FCU is reporting it has now distributed $50,000 in grants to help some members cover the cost of heating fuel.
Fed Survey of Senior Loan Officers Finds Tighter Lending Standards, Weaker Demand for C&I Loans During Q4 02/07/2023 07:32 pm WASHINGTON–A new Fed survey of bank executives finds tighter lending standards and weaker demand during the fourth quarter for commercial and industrial (C&I) loans to businesses, while lending standards for households during the same period were tighter or remained the same with weaker demand.
Bill Would Place 37% Fee on Remittances From ‘Top 5 Nations of Origin for Illegal Immigration’ 02/07/2023 07:32 pm TYLER, Texas–Congressman Nathaniel Moran (R-TX) is sponsoring a bill, the Border Security Investment Act, which would place a 37% fee on remittances to the “top five nations of origin for illegal immigration.”
Beacon FCU Selects PSCU For Credit, Debit Card Processing 02/07/2023 07:33 pm LA PORTE, Texas–Beacon FCU has selected PSCU to provide it with credit and debit card processing services, as well as contact center support.
NCUA Issues Letter With Reminder on Permissible Activities, Services by CUSOs 02/07/2023 07:31 pm ALEXANDRIA, Va.—NCUA has issued a Letter to Credit Unions with a reminder related to the 2021 final rule on credit union service organizations (CUSOs) that expanded the list of permissible activities and services.
Vantage West Credit Union's Gamboa To 'Crash' GAC 02/09/2023 11:35 am TUCSON, Ariz.– Jessica Gamboa, Senior Business Risk Analyst at Vantage West Credit Union, was selected to join the “crashers” attending CUNA’s GAC in Washington, D.C.
