CUNA said that the asset size ranges for credit union seats on its board have been adjusted to
According to CUNA, in the Southeast states (CUNA District 3) and in the Plains and Rockies states (District 5),
B). This medium size class had previously covered CUs with 10,001 to 40,000 members. In the Mideast (District 2)
CUNA said the changes ensure that each class size represents roughly one-third of America's CU members. The two
The top five banks and thrifts have combined total assets of nearly $13 trillion.
A new Citizens Bank survey suggests rising check-fraud incidents are driving middle-market companies to accelerate plans to fully adopt digital payments. But 70% of all businesses will continue to rely on checks for years to come, according to recent data from the Association for Financial Professionals.
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.
The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.
Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.
