BATON ROUGE, La. - (09/07/05) The Louisiana Credit Union League hasset up shop inside Bayou FCU here. Driven from its Harahan, La.,offices by Hurricane Katrina, the league had been operating from aService Center facility here. The LCUL has created a hotline forNew Orleans credit union leaders who have not been in contact tocall at (800) 436-2682, and has been working to coordinate reliefefforts with CUNA, CUNA Mutual Group and various other leagues. Theleague said it has contacted approximately 30 New Orleans areacredit unions to date. NCUA said it has contacted nearly every CUaffected by the storm, and found 23% are fully operational. Thosecredit unions represent 37% of Bayou State members. The agency saidapproximately two-dozen have yet to be contacted.
-
Beast Industries, owned by the YouTube star known as MrBeast, has acquired the Gen Z-oriented financial wellness app Step.
4m ago -
The iOS technology enables payments without requiring merchants to add extra hardware. The card network is embedding the option into a broader suite of merchant technology to bolster its services strategy amid competition from Mastercard and fintechs like Block and Stripe.
1h ago -
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.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
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.
February 9 -
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.
February 9





