TMG Honored With NOVA, Davey AwardsDES MOINES, Iowa-The Members Group said it has received recognition from the Iowa Chapter of the American Marketing Association, with three NOVA Awards, and the International Academy of the Visual Arts, with a Davey Award, for excellence in its 2011 marketing programs.For info: www.themembersgroup.comNIH FCU Adds Mortgagebot ModuleROCKVILLE, Md.-National Institutes of Health FCU has become one of the first lenders to implement Mortgagebot's new consumer lending module to its PowerSite integrated point-of-sale solution.For info: www.mortgagebot.comReading Program Added To Kids ClubLEHIGH VALLEY, Penn.-Marketing Partners, Inc., added a reading program to its Dollar Dog Kids Club Program called Pawprints Reading Rewards Program.For info: www.marketingpartners.comTruHome Tops $2 Billion In ServicingLENEXA, Kan.-CUSO TruHome Solutions, LLC said it surpassed more than $2 billion in servicing, has increased its credit union client list by 170% since 2011, and recently received GNMA certification-making it one of just 200 active Ginnie Mae issuers in the nation.For info: www.truhomesolutions.comuse CUNA Mutual Group logo hereCUNA Mutual Earns Top RatingsMADISON, Wis.-Financial ratings agency A.M. Best affirmed the financial strength rating of CUMIS Insurance Society at "A" (Excellent) and upgraded the financial strength rating of Producers Agriculture Insurance Co. to "A." CUMIS and ProAg are subsidiaries of CMFG Life Insurance Co., part of CUNA Mutual Group.For info: www.cunamutual.comLEVERAGE, Vining Sparks Team UpTALLAHASSEE, Fla.-LEVERAGE, a Service Corporation of the League of Southeastern CUs, announced a new strategic partnership with Vining Sparks IBG, to offer access to educational resources, online portfolio information, asset liability services, sample policies and investment products. For info: www.myleverage.comCSCU Announces CUNA GAC WinnersTAMPA, Fla.-Card Services for Credit Unions (CSCU) announced its winners from its recent giveaway. Three CU CEOs won iPads with an enhancement bundle package for their credit union: John Winne, Boston Firefighters CU; Jace Reyes, Miami Postal Service CU, and Mark Cochran, Jeanne D Arc CU. Indiana University CU won $5,000 toward an enhancement bundle package from CSCU.For info: www.cscu.netVisit www.cujournal.com today!
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Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.
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The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
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The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.
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A Senate Commerce Committee hearing Wednesday underscored the debate over whether the Commodity Futures Trading Commission has the capacity to regulate the rapidly growing prediction markets industry.
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New research suggests customers are willing to accept some friction in exchange for more robust fraud controls.
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The card brand says advanced artificial intelligence is making it easier for crooks to trick consumers, but the technology also allows banks to fight back.
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