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Federal Reserve Chair Jerome Powell largely hewed close to his predecessor's positions in his first congressional testimony as the top central banker, but also signaled important changes when it came to paying banks interest on reserves and other topics.
February 27 -
The tax reform law passed late last year, which significantly cut the corporate tax rate, has been widely popular among banks, but a one-time hit to the value of their deferred tax assets was felt far and wide.
February 27 -
As the credit union faithful descend on Capitol Hill for CUNA's GAC, advocates prepare to defend the movement's tax status in the wake of Sen. Hatch's letter questioning the exemption.
February 26 -
The clock starts ticking this week on a busy agenda of financial services priorities on Capitol Hill, including passing reforms to Dodd-Frank, overhauling the housing finance system and confirming key regulators.
February 25 -
Marking milestones, making a difference for kids and veterans, and other ways credit unions are giving back.
February 23 -
TD Bank's disastrous update to its mobile and online banking systems earned the most attention from readers this week, along with stories on whether banks should stop processing payments for gun sales and a look at AML requirements in light of Russian election tampering.
February 23 -
Even before PayPal and eBay split, their relationship wasn't perfect. PayPal may have seemed like a service that was destined to fuel sales for eBay in the early days of e-commerce, but even after the companies merged they found occasional reasons for conflict.
February 23 -
Readers weigh in on the idea of using banks to effectively ban assault rifles, slam a pot-banking proposal, opine on social media strategies and more.
February 22 -
Firefly CU honors its top talent, Neighbors FCU staffer recognized by local Chamber of Commerce plus new hires and promotions at credit unions across the country.
February 22 -
Momentum is continuing unabated for blockchain projects and initial coin offerings as the potential for blockchain continues to be realized.
February 22 -
From collecting backpacks for kids to increasing branch access for members and providing scholarship opportunities for deserving students, here's another round-up of how credit unions are giving back.
February 21 -
It would appear that momentum is continuing unabated for blockchain projects and ICOs (initial coin offerings), as the potential for blockchain continues to be realized.
February 21 -
The role of volunteers, supporting up-and-comers and more news of elections, new hires, promotions and special recognition.
February 20 -
Bank information technology departments are tasked with making sure their institutions modernize and remain competitive. But their mission brings a host of technical and cost challenges that often stand in the way of innovation.
February 19 -
U.S. Bank's $600 million fine for AML lapses quickly drew readers attention, while acting CFPB Director Mick Mulvaney got the Cordray treatment on Capitol Hill and big banks made moves to speed real-time payments.
February 16 -
The Olympics draw together fans from around the globe to cheer on their fellow citizens, and having such a diverse group of people in one spot can inspire companies to experiment with cutting-edge technologies.
February 16 -
Readers weigh in on the possibility of Mick Mulvaney becoming the White House chief of staff, debate whether the industry needs more or less consolidation, chime in on Wells Fargo’s updated mobile app and more.
February 15 -
From giveaways to budgeting tips and more, here's how credit unions are helping members have a romantic Valentine's Day, no matter how big or small their price point.
February 14 -
Credit unions celebrate longevity of service with anniversary celebrations and more news related to recruitment and retention of top talent.
February 14 -
There’s a widely held belief that clamping down on fraud in one area will lead to it popping up somewhere else. There is some truth to this — fraudsters favor the points of least resistance. But there are also major exceptions.
February 14