The National Credit Union Foundation is seeking nominations for seats on its board. The nomination deadline is Dec. 31. The NCUF board is comprised of 13 voting members. Open seats include: one seat to represent CUNA; two seats to represent CUs; one seat to represent the Association of Corporate CUs; one seat for an at-large position, and one seat that has one year remaining on a three-year term to represent CUs. For info: www.ncuf.coop, or contact Dianne Benedictis at 800-356-9655, ext. 6772 or e-mail at dbenedictis
-
The top five banks and thrifts have combined total assets of nearly $13 trillion.
Just now -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.
April 22 -
The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.
April 22 -
Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.
April 22 -
The Federal Deposit Insurance Corp. says it's ready to wind down the global systemically important banks. But until that happens, many in the banking industry are skeptical that regulators have actually developed a workable strategy to end "too big to fail."
April 22