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."
-
As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3