Fresh Today
HOUSTON–Janusea, a fintech that provides solutions connecting credit unions and fintechs with each other, said it has received a $2.4-million investment from Illinois-based Great Lakes Credit Union.
MADISON, Wis.—The G20 has adopted the G20 Bali Leaders’ Declaration, with the World Council of Credit Unions (WOCCU) saying the decision supports its advocated focus on financial inclusion.
HONG KONG—Hong Kong’s is planning to launch the world’s first tokenized government green bonds.
WASHINGTON–Congress is back in session and credit unions are working to ensure they are heard rather than trampled in the “sprint to the end of the year,” according to one CUNA official.
NEW YORK–Morgan Stanley has markedly cut its U.S. housing market outlook, stating it now sees the house value correction continuing through 2023.
WASHINGTON–CUNA and Inclusiv have joined with other community development organizations in a letter to Treasury’s CDFI Fund urging it to simplify its reporting requirements.
ALEXANDRIA, Va.– Another federal credit union charter—the fourth of the year—has been granted by NCUA, along with NCUSIF insurance. The newest CU in the country is now The Morning Star Federal Credit Union in Lame Deer, Mont. Plans are to commence operations in 2023.
SOUTH BEND, Ind.––Teachers Credit Union (TCU) is reporting it has awarded the majority of its nearly 800 employees a $2,000, one-time “Inflation Fighter” profit sharing bonus.
BOSTON–Rent delinquency rates among small businesses have risen for a second month in a row and have set a new 2022 record, with 41% of those business owners saying they could not pay their November rent in f