Mid-States Corporate FCU has named Minnesota credit union executives to serve on a newly formed Minnesota Advisory Group. The group will serve in an advisory capacity to Mid-States' board of directors and management on matters of concern to the Minnesota membership and follows the merger of Minnesota Corporate with Mid-States. The members are: Pat Brekken of Richfield Bloomington CU; Gene Carroll of Pipefitters Steamfitters CU; Linda Given of Co-op CU; Bonny Godtland of IBEW 110 FCU; Gail Krall of Minnesota Power Employees CU; Lon Krueger of Hormel Employees CU; Pam O'Connell of Heartland CU; Bill Raker of US Federal CU; Don Rutten of Red Wing CU; Dan Stoltz of Twin City Co-ops FCU; Dave West of Otter Tail Power Employees CU. Two former Minnesota Corporate board members have been named to the Mid-States' board: Kyle Markland of Affinity Plus CU and Steve Ahlness of Greater Minnesota CU.
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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.
December 12 -
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.
December 12 -
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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