Ninety-percent of U.S. population growth during the next five years will come from ethnic minorities, says Coopera Vice President Gustavo Gruber. Hispanics will account for 60% of that growth. Click here to learn more about serving these emerging markets.
The second phase of Same Day ACH rollout has a Sept. 15 effective date, and a list of recommended action items to be performed has been released. All financial institutions must be prepared to receive by Sept. 15.
The House Financial Services Committee will conduct a hearing on Rep. Jeb Hensarling’s (R-Texas) Financial CHOICE Act next week. CUNA President/CEO Jim Nussle said CUNA appreciated the effort to bring regulatory relief to credit unions and other institutions.