WASHINGTON—With the House and Senate investigating what contributed to the collapse of FTX, a cryptocurrency company now in bankruptcy, NAFCU is calling for a clear regulatory framework to be created for cryptocurrency and other financial technologies.
WASHINGTON—As Congress continues its work in hammering out an end-of-year government funding package, NAFCU has outlined the priorities it would like to see before the 117th Congress adjourns.
PANAMA CITY, Fla.– Tyndall FCU has paid out $13.7 million to members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts.
RANCHO CUCAMONGA, Calif.—Both credit and debit spending were down for consumers in November, Co-op Solutions payments data show, with the company saying it has identified three trends in its analysis, including some surprises.
TULLAHOMA, Tenn.– Ascend Federal Credit Union has donated $175,000 to the National Credit Union Foundation to support its financial health and well-being initiatives.
ADRIAN, Mich.–TLC Community Credit Union has named a new president and CEO, effective March 4, 2023.
NEW YORK–United Nations FCU and Organization of American States FCU co-hosted the 5th United in Sustainability (UIS) Summit here, a hybrid event that drew more than 300 credit union representatives from across the Americas to discuss support for the UN Sustainable Development Goals (SDGs), as well as comments from an NCUA board member.
WASHINGTON—Financial institutions can expect more lenient terms if they proactively report possible employee crimes to the government instead of waiting to be discovered, according to a statement from a Justice Department official.
NEW YORK—As consumers lean more on credit cards to fight inflation, delinquencies and charge-offs are rising.
WASHINGTON—A third of small business owners say inflation remains the single most important problem in operating their business, although their concern over rising costs in the National Federation of Independent Business survey is actually five points lower than what the same survey found in July, which was its highest reading since the fourth quarter of 1979.
