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
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The Consumer Financial Protection Bureau is overhauling its consumer complaint portal after receiving 6.6 million complaints last year, more than double the 3.2 million in 2024, citing abuse by credit repair firms and social media influencers.
June 25 -
The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.
June 25 -
Colony Bankcorp has reached a $163 million deal to acquire Florence, South Carolina-based First Reliance Bancshares.
June 25 -
The Federal Deposit Insurance Corp. issued proposals Thursday that would reduce planning requirements for big banks and slash deposit insurance prices, citing the financial health of the Deposit Insurance Fund.
June 25 -
The card network's recent partnerships attempt to build demand for new forms of artificial intelligence while feeding "value added" revenue — a nonpayment fee metric that investors watch closely.
June 25 -
Christopher Phelan, President Donald Trump's nominee to chair the Council of Economic Advisers, declined to directly answer questions about recent inflation data and the effects of tariffs on consumers during a Senate confirmation hearing Thursday.
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