New Year, New Technology Priorities

As 2016 ended, it was clear that many financial institutions were pleased with the progress they made toward achieving efficiency, protecting against data breaches and improving member experience. But looking at the year ahead, many financial executives still feel...

NCUA’s McWatters Appoints Vega as Chief of Staff

New NCUA Acting Chairman J. Mark McWatters has named agency veteran Sarah Vega as his chief of staff. Vega has served as McWatters’s senior policy advisor since he joined the NCUA board in August 2014. Prior to that, she served as chief of staff to former NCUA...

Credit Unions Announce, Complete New Mergers

Credit unions from coast to coast publicly announced nine new or completed merger plans during the first month of the year. The $20.6 billion Pentagon Federal Credit Union in Alexandria, Va., was back on the merger trail when it announced its consolidation with the...

Trump to Direct DOL to Delay Fiduciary Rule: Lawyers

President Donald Trump is expected to issue this week an order directing the Department of Labor to delay its fiduciary rule, according to two attorneys familiar with the matter. Trump appointed Edward Hugler as acting secretary of Labor on Jan. 20. Hugler also has...

NCUA Continues Rulemaking Without Interruption

Even as the federal bureaucracy struggles with the impact of a regulatory freeze memo issued by the Trump Administration, the NCUA will be able to continue its rule-making without delay, agency public affairs specialist John Fairbanks said Tuesday. The NCUA on Tuesday...