2+ day, 8+ hour ago   (139+ words) CU Today WASHINGTON—Federal banking regulators have issued an interim final rule doubling the asset threshold for certain community banks to qualify for an 18-month examination cycle, increasing it from $3 billion to $6 billion.The change implements provisions of the…...

2+ day, 16+ hour ago   (251+ words) America’s Credit Unions Sets 3 Priorities For Final Congressional Push CU Today WASHINGTON--Time in Washington is running out for the current Congress, but America’s Credit Unions has three priorities it is working to advance through the end of…...

3+ day, 8+ hour ago   (182+ words) SOUTHLAKE, Texas — Lender Compliance Technologies (LCT) today announced the launch of a new credit union service organization (CUSO) – LCT CUSO – dedicated to making advanced automated-compliance solutions seamless and accessible to credit unions across the U.S. LCT CUSO is a…...

3+ day, 6+ hour ago   (203+ words) CUToday WASHINGTON— The Blockchain Association has urged federal regulators to tailor proposed customer-identification requirements for permitted payment stablecoin issuers to how stablecoins circulate rather than applying uniform, bank-style standards, according to Finance.Biggo.com The cryptocurrency industry group submitted…...

3+ day, 7+ hour ago   (219+ words) cutoday.info SAN FRANCISCO—Chime has agreed to acquire longtime bank partner Stride Bank for $590 million in cash, a deal that would give the financial technology company its own nationally chartered bank, PYMNTS reported According to PYMNTS, the transaction…...

3+ day, 8+ hour ago   (182+ words) SOUTHLAKE, Texas — Lender Compliance Technologies (LCT) today announced the launch of a new credit union service organization (CUSO) – LCT CUSO – dedicated to making advanced automated-compliance solutions seamless and accessible to credit unions across the U.S. LCT CUSO is a…...

4+ day, 10+ hour ago   (363+ words) cutoday.info MADISON, Wis.—The National Credit Union Foundation has named 54 credit union leaders as the newest Credit Union Development Educators after they completed the Foundation’s Credit Union Development Education program Sept The weeklong, in-person program…...

5+ day, 8+ hour ago   (538+ words) PITTSBURGH—Nearly half of U.S. banks are showing year-over-year deterioration in credit quality even as industry profits, lending and deposits continue to climb, according to a new BlastPoint analysis of second-quarter FDIC data. BlastPoint found 48% of U.S. banks reported a…...

5+ day, 15+ hour ago   (299+ words) 153 Million Driver’s Licenses For Sale On Dark Web As FBI Investigates CU Today NEW ORLEANS—The FBI is investigating a dark web identity theft service that claimed to be selling more than 153 million U.S and Canadian driver ...

1+ week, 1+ day ago   (268+ words) Judge Rejects SVB Parent’s $1.71B Claim Against FDIC CU Today SAN JOSE, Calif.—A federal judge has rejected a $1.71-billion claim against the FDIC by the successor to Silicon Valley Bank’s former parent, finding that negligent decisions…...