The Treasury Department shortly will issue recommendations on how to better tailor regulations for community banks, Secretary Steven Mnuchin told the Senate Banking Committee Thursday. “We have taken a systematic approach in our work by meeting with a variety of...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Employee Health Care Costs Rise 4.3%: Milliman
Total health care spending for a typical family of four with solid employer coverage may be just 4.3% higher this year than it was last year. Analysts at Milliman, an actuarial consulting firm, have published that prediction in their latest medical spending...
Credit Union Professionals Step Into the Spotlight
Last week, eight credit unions plus two vendors, LSI and Dolphin Debit, announced new promotions, hires, accolades and other changes at their organizations. Check out the latest People news below. WEST The $9.8 billion First Technology Federal Credit Union based in...
DCUC Names New CEO
The Defense Credit Union Council said Wednesday Anthony R. Hernandez will become its new president/CEO on Aug. 1. He will succeed DCUC President/CEO Roland Arteaga who is retiring. Hernandez joined DCUC last year and served as chief operating officer. He successfully...
What It Takes to Attract & Keep Financial Services Employees
More than two-thirds of financial services employees in a new survey said they were interested in remaining in the industry, though this was less true of the youngest ones. Thirty-nine percent of millennial and Gen Z employees were more interested in working in...
Retailers, Financial Institutions Go Local in Debit Card Fee Fight
You wouldn’t expect Davie County, N.C. to be the center of a high stakes political battle. And you wouldn’t think that freshman Rep. Ted Budd (R-N.C.), a small business owner who still lives on the farm on which he was raised, would be the target of...