CUES has honored its North Carolina, Rocky Mountain, and Michigan Councils as 2004 Outstanding Councils. In addition, CUES' Louisiana Council received the Everett Wood Award for most improved Council. Each received a cash award to put toward future meetings. The Most Improved Council receives $750. CUES also honored its top new-member recruiters from the past year. Jeffrey H. Farver, CEO, San Antonio FCU, and Christine L. Keyser-Fanick, former senior VP with SACU, recruited eight or more new CUES members in 2004. Larry E. Duckworth, president of OmniAmerican CU, Fort Worth, and Brian McDonnell, outgoing president of Navy Federal, Merrifield, Va., recruited five to seven new CUES members over a one-year period.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





