CO-OP Financial Services and Filene Research Institute announced yesterday an initiative to launch the next Filene Center of Excellence — the Center for Emerging Technology — to provide research and education to credit unions on financial technology...
In its continuing effort to receive feedback on improving the Call Reports process, the NCUA is giving credit unions an additional two weeks to comment on possible changes. The deadline for comments is now Aug. 15. The original deadline was Aug. 1...
In the latest glimpse at the future by CUNA economists yesterday, the U.S. economy is expected to grow by 2.25 percent in 2016, and 2.5 percent in 2017. CUNA economists lowered their outlook for U.S. gross domestic products (GDP) growth by 0.25...
The most prevalent topic in financial news today is Brexit and its effect on economic conditions world wide. The surprising vote to leave the European Union has left many flummoxed, but CUNA economists expect credit unions to be safe from serious...
With the Alabama Speaker of the House position vacated by the conviction of Mike Hubbard, Gov. Robert Bentley has set dates for a special election to fill the seat. Since Hubbard’s conviction on June 10, Victor Gaston has been serving as...
Three months after ending his presidential campaign, Marco Rubio announced yesterday he will run for re-election to the U.S. Senate. While campaigning for the presidency, Rubio repeatedly asserted he would not seek re-election to the Senate, but...
Federal Reserve Chair Janet Yellen spoke before the Senate Banking Committee yesterday, a twice yearly occurrence, saying the U.S. hiring slowdown warrants a cautious approach to raising interest rates, according to wire service Reuters. Key factors...
The Florida Office of Financial Regulation announced Friday that just as the National Credit Union Administration Board authorized federal credit unions to have three additional days to file Call Reports for the second and third quarters of 2016...
A CUNA-supported bill that would protect good-faith reporters of suspected elder financial abuse was approved last week by the House Financial Services Committee with a vote of 59-0. The Senior$afe Act of 2015 (H.R. 4538) was introduced by Reps...
Back in the day, as the saying goes, retail stores like Radio Shack advertised the latest and greatest technology. In his talk at the General Session at SCUCE yesterday, Filene Institute’s Andrew Downin took a look at one of those ads from the...