Velera Launches Card On File Solution To Enable Broadscale Merchant Payment Updates 01/29/2025 06:41 pm ST. PETERSBURG, Fla.—Velera has introduced its Card on File solution, which enables cardholders to seamlessly update payment methods across more than 115 merchants.
CFPB Finds Servicemembers Pay More In Auto Lending Market 01/29/2025 04:36 pm WASHINGTON— The CFPB has published a report showing that United States servicemembers pay higher costs and face greater financial risks than civilian borrowers when taking out credit to buy a car.
Cannabis Banking Pioneer Sundie Seefried To Retire 01/30/2025 08:55 am GOLDEN, Colo.—Well-known credit union cannabis banking pioneer, Sundie Seefried, plans to retire from her role as CEO of Safe Harbor Financial at the close of February, the organization said.
OMB Rescinds Memo Pausing Federal Grants 01/29/2025 05:59 pm WASHINGTON—The White House Office of Management and Budget (OMB) rescinded a memo Wednesday that had ordered a temporary pause on federal grants.
HFSC Told To Adopt Policies That Support Both CUs And Community Banks 01/30/2025 12:11 pm WASHINGTON—Leaders of the House Financial Services Committee are being asked to ensure the committee adopts policies that support both credit unions and community banks as the HFSC prepares to hold a hearing next week titled, “Make Community Banking Great Again.”
ACU Tells NCUA It’s Concerned About Proposed Call Report Changes 01/30/2025 10:19 am WASHINGTON—NCUA has an updated proposal for new reporting requirements on the maturity distribution of total uninsured shares and deposits to Call Reports. America’s Credit Unions shared concerns about additional expenditure of staff and financial resources this move would require in a letter to the agency.
South Carolina Federal Credit Union Accepting Applications For 15th Annual Scholarship Program 01/30/2025 11:25 am CHARLESTON, S.C.--South Carolina Federal Credit Union is accepting applications for its 15th annual scholarship program.
