TORONTO – The National Federation of CDCUs is expected to announce an initiative in the next few days in cooperation with the National CU Foundation to place Development Educators in CDCUs on a short-term basis. Cliff Rosenthal, executive director of the Federation, told The Credit Union Journal the project will provide much-needed help for CDCUs in areas of expertise for the Educators group, such as finance, accounting and operations. There are more than 600 active Development Educators, a program conducted by CUNA that gives participants a comprehensive initiation in credit union history, philosophy and operations.
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Early Warning Service's peer-to-peer payments network saw payment volume growth accelerate in the first six months of 2025, buoyed once again by small-business payments.
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As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
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A panel of DC Circuit Court judges ruled late Monday that the president had not met the stringent statutory requirements to block a lower court injunction, which allowed Federal Reserve Gov. Lisa Cook to remain at her post as her lawsuit challenging her dismissal is litigated.
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The Senate voted 48 to 47 to confirm Stephen Miran to the Federal Reserve Board, just ahead of the central bank's rate setting committee meeting.
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The pending $369 million deal would bolster National Bank Holdings' footprint in Texas, where it currently operates as Hillcrest Bank.
September 15 - Yahoo Finance Feed
The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
September 15