RACINE, Wis. - (01/18/06) -- Educators CU said it is the latestcredit union to offer its members free identity theft preventionand resolution services through Identity Theft 911. All checkingaccount members and credit card holders will have access toIdentity Theft 911's educational resources and resolution network,which includes a personal advocate who works with the member everystep of the way, to resolve the crisis and restore a victim'sidentity. Identity Theft 911 is based in Scottsdale,Ariz.
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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.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
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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.
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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.
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Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
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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.
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