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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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
December 12 -
Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
December 12 -
In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
December 12 -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
December 12 -
The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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