NCUA Chairman Dennis Dollar has appointed NCUA Vice-Chair JoAnn Johnson to serve as the agency's designated representative on the Financial Literacy and Education Commission, a commission created by a newly enacted federal law which is designed to coordinate efforts among twenty federal departments with responsibilities to promote and implement financial literacy programs. "Financial literacy is a keystone component to the success of NCUA's Access Across America initiative," said Chairman Dollar in announcing the appointment. "This new commission will enable NCUA to coordinate with our fellow agencies in a systematic way to prioritize financial literacy wherever possible."
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
October 24 -
The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
October 24 -
The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
October 24 -
Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
October 24 -
Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
October 24 -
A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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