ALEXANDRIA, Va. – NCUA said it approved a charter last month for a new credit union in Fort Wayne, Ind. The Union Baptist Church FCU will serve about 225 members of the Fort Wayne parish. The credit union was only the eighth chartered last year, one of the leanest years for new credit unions since the signing of the Federal CU Act. There were nine new credit unions chartered in 2005, and 12 in 2004.
Paxos Lab's digital token enables users to bet on gold leasing, another hedging option to traditional banking, stablecoins and cryptocurrency amid geopolitical pressures
Federal Housing Finance Agency Director Bill Pulte said last week that it will slash the budget for its inspector general, spurring Senate Banking Committee Democrats to seek his testimony.
The Commodity Futures Trading Commission is seeking industry feedback as it considers a federal framework for leveraged crypto markets.
The chief risk officer's oversight extends to the modernization of loan pricing and scoring, which the GSEs' oversight agency has been accelerating.
Financial Planning is seeking candidates under the age of 40 for its annual awards recognizing advisor employees at both wirehouse and regional firms for industry-leading production.
Many wealthy retirees hesitate to spend their savings. Advisors share how budgeting and cash flow planning help clients enjoy their wealth.
