NEW YORK–NYDIG, the company with which at least a half-dozen credit unions have partnered to offer crypto-services to their members, has laid off approximately one-third of its staff. The company said in a statement, however, that its balance sheet is the “strongest it has ever been.”
Fresh Today
LAS VEGAS–Your credit union likely has data that indicates a member is in some type of trouble. Financial trouble, certainly, but what if it’s due to gambling? Or, perhaps they are involved as a victim of domestic violence. What is the credit union’s real responsibility? It’s a moral dilemma, agreed a panel of people with different perspectives who spoke to credit unions here and tried to offer some direction while sharing their experiences.
LAS VEGAS–The types of conversations many board members wait to have until the monthly meeting adjourns and everyone heads to their cars need to be brought back inside the boardroom, according to a panel discussion here that focused on what makes for boards best prepared for the next generation.
LAS VEGAS–There is significant discussion within credit unions about diversity, but what does that really mean, and how does a credit union get there?
WASHINGTON—What is needed to keep the U.S. housing market thriving over the next decade has been outlined in CUNA’s latest Economic Update.
CHARLOTTE, N.C.– While the September jobs numbers showed a surprisingly strong employment market, economists with Bank of America are forecasting the pace of job growth will be approximately half the current rate during the fourth quarter of this year and then will turn negative.
MERIDIAN, Idaho – Idaho United Credit Union has named a new CEO.
WESTBURY, N.Y.– Jovia Financial Credit Union said it has entered into partnership with the Long Island Nets (LI Nets), the NBA G League affiliate of the Brooklyn Nets.
WASHINGTON—As it approaches its centennial, NAFCU has written to the Federal Housing Financial Agency (FHFA) in response to the agency’s comprehensive review of the Federal Home Loan Bank (FHLB) System, urging it not to disrupt the FHLB System as a result of this review.
WASHINGTON—The CFPB is suing the online event registration company ACTIVE Network for “tricking” people trying to sign up for fundraising road races and other events, into enrolling into its annual subscription discount club, Active Advantage.
