Soccer Team’s New Kit Features Credit Union’s Name 04/11/2019 07:55 pm LANSING, Mich. – This city’s professional soccer team has unveiled its new uniforms prominently featuring a credit union’s name.
Bank Reaches $1.3 Billion Settlement on OFAC Violations 04/21/2019 05:22 pm WASHINGTON – As part of a combined $1.3-billion settlement with the federal government and state governments, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced three separate agreements totaling $611 million with the following UniCredit Group banks: UniCredit Bank AG in Germany, UniCredit Bank Austria AG in Austria, and UniCredit S.p.A. in Italy.
CFPB Now Requiring Issuers Of Prepaid Cards To Follow Rules 04/11/2019 07:56 pm WASHINGTON–The Consumer Financial Protection Bureau is now requiring issuers of prepaid cards to guarantee basic protection from fraud, unauthorized charges and errors.
The Realities Of Reality Fairs To Be Subject Of New Workshop 04/11/2019 07:58 pm MILWAUKEE, Wis.–A new workshop has been announced for credit unions and associations that host reality fairs and other similar financial education events for students.
On Earth Day, Here’s What One CU Is Doing To Go Green 04/21/2019 08:07 pm MEDFORD, N.Y.–It’s Earth Day, and among the credit unions highlighting the steps they’ve taken to be more environmentally sensitive is Suffolk Federal Credit Union.
CUNA Tells Congress Rules From Financial Crisis Have Created New Crises 04/11/2019 08:00 pm WASHINGTON—With the nation’s largest banks only growing larger, and rules created in the wake of the financial crisis only leading to the demise of many smaller institutions, CUNA told the House Financial Services Committee the one-size-fits-all approach taken by both Congress and regulators has had negative results.
Woburn Municipal FCU Changing Name 04/21/2019 05:22 pm WOBURN, Mass.–Woburn Municipal FCU has announced a name change. Effective May 1, the $44-million CU will be known as Common Trust FCU, and also move to the new tagline, “Familiar Faces Invested in You.”
NCUA’s Hood To Testify Before Senate 04/21/2019 05:22 pm WASHINGTON–NCUA’s new chairman, Rodney Hood, is schedule to testify before the Senate Banking Committee on May 15.
Latest CPI Numbers Another Indicator Fed Unlikely To Move Rates 04/11/2019 08:00 pm WASHINGTON—On a seasonally-adjusted basis, overall consumer prices increased 0.4% in March. NAFCU Chief Economist and Vice President of Research Curt Long the numbers are yet another indicator the Federal Reserve will raise interest rates this year.
House Members Press IRS to Update Cryptocurrency Guidelines 04/21/2019 05:23 pm WASHINGTON—A bipartisan group of legislators from the House of Representatives has sent a letter to the Internal Revenue Service asking the agency to update its half-a-decade-old cryptocurrency-related guidelines.
