by GrafWebCUSO | Apr 21, 2017 | News
The latest version of the Financial CHOICE Act, unveiled by House Financial Services Chairman Jeb Hensarling (R-Texas) this week would provide credit unions with much-needed regulatory relief, Ryan Donovan, CUNA’s chief advocacy officer said Friday. And while...
by GrafWebCUSO | Apr 21, 2017 | News
St. Petersburg, Fla. based PSCU, which calls itself the nation’s leading credit union service organization announced a partnership with Mastercard Start Path Global, a program supporting later-stage fintech startups. Fintech companies are businesses that...
by GrafWebCUSO | Apr 20, 2017 | News
The NCUA placed the $23.1 million Community United Federal Credit Union into conservatorship Thursday and installed experienced management to correct the operational weaknesses that is affecting the Waycross, Ga.-based cooperative’s safety and soundness. While...
by GrafWebCUSO | Apr 20, 2017 | News
CO-OP Financial Services is doling out a $26.1 million patronage for fiscal year 2016, bringing the Rancho Cucamonga, California-based CUSO’s lifetime payouts to $393.7 million since becoming a cooperative in 1996. “This latest year’s healthy...
by GrafWebCUSO | Apr 20, 2017 | News
Major rules proposed by financial regulators, such as the NCUA, would have to be approved by Congress before they could take effect, according to a draft of the Financial Services Chairman’s Financial CHOICE Act released Wednesday. The draft, totaling almost 600...
by GrafWebCUSO | Apr 20, 2017 | News
Deregulation is now a word my teenage sons understand. They’ve heard it enough from the news and my mouth. What they don’t understand is how a washing machine works. But that’s another issue for another time. There’s an excitement around the...
