WASHINGTON—The Independent Community Bankers of America (ICBA) today launched a nationwide campaign calling on policymakers and the public to “Wake Up” to the “risky practices, costly tax subsidies, and irresponsibly lax oversight of the nation’s credit unions.”
MADISON, Wis.—Credit union lending continues to slow as share growth continues to climb, the latest CUNA Mutual Group Trends Report shows.
NEW YORK–September’s initially strong economic numbers have gone “up in smoke,” according to new analysis, driven by a big decline in U.S. manufacturing activity.
ROCHESTER, N.Y.–A trial of man charged with murder during a credit union robbery more than 15 years ago has resurrected a frightening day for many, including a former CU employee who said she wondered what it would “feel like to get shot myself.”
NEW YORK –A state court judge and a former New York City cop–both of whom served on the board of Municipal Credit Union–have been arrested on different charges by federal prosecutors that range from deleting text messages to help cover up misuse of funds, abuse of controlled substances, and, ironically, fraud related to anti-fraud security.
WASHINGTON –The American Bankers Association (ABA) is calling on the U.S. Court of Appeals for the D.C. Circuit to rehear an earlier decision it made that largely ruled against the bank group and upheld NCUA’s new field of membership rules.
WASHINGTON–The Supreme Court has declined to hear an appeal from Domino’s Pizza and has left to stand a lower court decision that Americans with Disabilities Act (ADA) requirements also apply to websites and mobile applications.
WASHINGTON—The International Monetary Fund may be considering creating a central bank cryptocurrency, a new report suggests.
MADISON, Wis.–The Worldwide Foundation for Credit Unions, the charitable arm of World Council of Credit Unions, said it is now distributing Project Storm Break funds to help two credit unions in The Bahamas repair infrastructure and replace equipment damaged by Hurricane Dorian.