ALEXANDRIA, Va. - (11/25/04) -- Jetstream FCU has been approved forone of the biggest field of membership expansions ever granted byNCUA, allowing the $90 million credit union, chartered as Miami FAAFCU, to serve almost two million people surrounding its Miami Lakesheadquarters. The federal regulator also said it approved 20low-income expansions, the largest of which will allow Kern FCU,Bakersfield, Calif., to serve 675,000 people in Kern County; andCoast-Tel FCU, Salinas, Calif., to serve 425,000 residents ofMonterey County.
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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.
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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.
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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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