The Ohio Credit Union League has launched a consumer information website at www.OhioConsumers.org. The launch coincided with National Consumer Protection Week, Feb. 1-7 The site features consumer protection information and links to other sites where Ohioans can find information on protecting themselves from fraud, identity theft, and scams. The site also includes a section for educators who want to teach their students about personal finances. "We know that when it comes to financial education, ignorance can be very costly," said OCUL CEO Paul mercer. We've created the new consumer site to help Ohioans learn more about finances and avoid scams." The Ohio Credit Union League partnered with Ohio Attorney General Jim Petro, the Ohio Consumers' Counsel, the U.S. Postal Service, and The Ohio State University Extension Office to promote National Consumer Protection Week.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
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The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
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