PARADISE ISLAND, Bahamas–More than 2,000 people representing credit unions from more than 60 countries around the world helped the World Council of Credit Unions kick off its World Credit Union Conference here.
WASHINGTON–A credit union executive here told the Senate Banking Committee it’s time for Congress to pass the SAFE Act, as the current situation related to banking cannabis businesses is a growing safety and risk concern.
RIDGECREST, Calif.– In the two weeks since two large earthquakes hit this region of California, area credit unions are reporting their employees have joined with other organizations in providing food, supplies and other support.
WASHINGTON–Senators grilled a Facebook executive here over its proposed new cryptocurrency, with the company responding by attempting to minimize concerns.
CHICAGO–The U.S. Court of Appeals for the 7th Circuit dismissed a lawsuit against Illinois-based Aurora Policemen Credit Union that alleged its website violated the violations of the Americans with Disabilities Act (ADA).
WASHINGTON–President Trump said he is no fan of cryptocurrenices, including Facebook’s newly announced Libra. The president made the statements as Congress was holding hearings around cryptocurrencies, while the White House also hosted a “social media summit” made up primarily of conservative voices. During the summit, Trump said, “We have terrible bias, we have censorship like nobody has any understanding or nobody can believe.”
WASHINGTON–Synthetic identity payments fraud is a fast-growing but little-understood problem affecting everyone from individuals to financial institutions to government agencies to private industry, according to a new white paper (PDF) released by the Federal Reserve System.
RIDGECREST, Calif.–Credit unions in this high desert region northeast of Los Angeles continue to assess damage, especially to members, in the wake of two strong earthquakes here.
ARLINGTON, Va.—Total vehicle sales decreased to a rate of 17.2 million annualized units in June, and NAFCU Chief Economist and Vice President of Research Curt Long said he expects auto sales will remain steady for the remainder of 2019.