United Heritage in Texas names new chief executive
The Austin-based credit union chose its chief strategy officer, Michael Ver Schuur, to be its next president and CEO.
Source: americanbanker.com
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Top banking news this month: January 2023
In this month's roundup of American Banker's favorite stories: Development of central bank digital currencies gains momentum, ongoing lawsuits against JPMorgan Chase and PNC address the banks' liability and more.
Source: americanbanker.com
Chartway Credit Union forms CUSO to build fintech partnerships
The Virginia Beach-based credit union recently launched Chartway Ventures to invest in fintechs and other organizations.
Source: americanbanker.com
Citizens State Bank in Texas selling branch to credit union
First Central Credit Union in Waco, Texas, agreed to purchase the branch and various assets from the bank, which is refocusing on its Harris and Tyler County markets.
Source: americanbanker.com
NCUA extends 18% interest ceiling for federal credit unions through 2024
The National Credit Union Administration has held the rate cap for loans issued by federally-chartered institutions in place since 1987, despite recent calls to raise it.
Source: americanbanker.com