ALEXANDRIA, Va.-NCUA is urging CUs to take advantage of the new Financial Education and Counseling (FEC) Pilot Program from Treasury's Community Development Financial Institutions Fund (CDFI Fund), which makes an additional $2 million in grant funding available.
The grants are to fund "a range of financial education and counseling services for prospective homebuyers." The application deadline is Nov. 19. For info: www.cdfifund.gov/what_we_do/programs_id.asp.
Advisors share how they navigate the moment when a client's compliments cross the line and the boundaries that keep the business relationship intact.
The group behind the proposed Georgia Skyline Bank says recapitalizing a 24-year-old Virginia bank offers a faster path to success than a new charter would.
IDScan.net removed the pages naming its bank and credit union integrations after KrebsOnSecurity traced 153 million license scans to the company.
A consortium of international FIs are planning to issue a U.S. stablecoin in early 2027; London-based OpenPayd has entered the U.S. through its acquisition of MSB USA; the U.K. fined Citi £4.7 million ($6.3 million) for hundreds of transactions in breach of sanctions against Russia; and more in this week's banking news roundup.
The controlling owner of Santa Fe-based Century Financial Services Corp. wound up in bankruptcy court. Now his 71% stake is on the verge of being sold to an Oklahoma bank.
Swift's network of 11,500 banks can exchange deposit tokens in a standardized way.
