The Ohio CU League has become the first league to enter into a partnership in which CUNA will provide educational services to credit unions. Under the agreement, CUNA is responsible for managing the Ohio curriculum and program development, marketing, and registration process. As part of the agreement, the education and training portion of the league's website has been redesigned. Ohio's credit unions will be offered more than 600 different education and training opportunities. The OCUL said it will hire a market development manager by year's end, whose primary role will be the development and sales of these new education services. "Instead of having one professional employee dedicated to education and training for Ohio's credit unions, we now have more than 40," said Paul Mercer, president of the OCUL.
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The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, and while the tough talk has not changed policy, it has sent a clear message to the financial sector.
11m ago -
Backed by tech billionaires, the crypto-focused digital startup bank's timely application reflects the current administration's openness to new tech-driven banking models — and raises concerns about regulatory impartiality, considering its backers' political ties.
July 2 -
The application follows on the heels of Circle and Wise, as crypto and payment companies seek crypto custody approval and direct access to the Federal Reserve payment system.
July 2 -
The credit union regulator, responding to a recent executive order, has established strict new standards for prosecuting financial crimes. Regulators are now supposed to make criminal referrals only in cases where putative defendants appear to have known they were breaking the law.
July 2 -
Three bank trade associations recommended phasing out paper checks to reduce government payment fraud in a joint statement submitted to the U.S. Treasury.
July 2 -
Baton Rouge-based Investar Holding Corp. has agreed to pay $84 million for Wichita Falls Bancshares, which operates five branches in the Dallas-Fort Worth Metroplex.
July 2