FEDERAL WAY, Wash. - (12/20/04) -- The Washington CU Foundation, asubsidiary of the Washington CU League, will use a new $20,000grant from the National CU Foundation to fund its Economic PowerProject aimed at serving underserved and unbanked Latinos throughthe state. The project is designed to help credit unions developinglong-term outreach programs in their respective communities. Aspart of the effort to serve the state's growing Latino populationthe league's Foundation will launch an Hispanic Task Forcecomprised to credit union representatives working on the Latinooutreach project.
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Bank groups, crypto firms and regulators are divided over whether fiduciary digital-asset custody fits naturally within the national trust charter model — or whether, as critics argue, the agency is quietly reinventing the charter.
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In a Senate Banking subcommittee hearing, lawmakers discussed a bill that would guarantee all legal industries and all individuals fair access to banking services.
December 16 -
The de novo bank, which will serve participants in virtual currency markets, is putting the regulatory pieces in place for its planned 2026 launch.
December 16 -
A breach at an auto lending compliance provider highlights third-party vendor risks and has triggered class action lawsuits against the firm.
December 16 -
The Nashville community bank is focusing on growing its "digital branches" through fintech partnerships and embedded banking with its latest funding round.
December 16 -
The New York megabank, which completed the sale of a 25% equity stake in its Mexico retail business, has been exiting certain international markets as part of CEO Jane Fraser's focus on being a simpler, smaller bank.
December 16





