WASHINGTON–Mortgage rates climbed above 6% last week, their highest point since late 2008 and more than double their level at the same time in 2021.
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DALLAS–Two Texas credit unions said they have received regulatory approval to move forward with a merger that is set to be completed later this year.
RALEIGH, N.C. – State Employees’ Credit Union (SECU) has made a $300,000 commitment to the World Council of Credit Unions’ Global Bridges program.
MADISON, Wis.—The judges for the 2022 CUES Emerge competition have been announced.
EAU CLAIRE, Wis. – Royal Credit Union’s RCU Foundation has made a $500,000 gift to the L.E. Phillips Memorial Public Library dedicated to the renovation of the library.
BASKING RIDGE, N.J. – Affinity FCU has been named the official credit union of Seton Hall University Athletics.
SINGAPORE—Payments company Thunes is now working with Alipay+ to bring together merchants from Europe with customers in Asia, according to a new report.
TORONTO–The country’s credit unions and other smaller lenders are making some headway into this country’s mortgage market, 80% of which is controlled by Canada’s Big Six banks.
LONDON—The U.K.’s Strategic Working Group (SWG), which operates under the Joint Regulatory Oversight Committee (JROC), is planning a series of virtual thematic “strategy sprints” it said are “designed to collate views on the vision and strategic roadmap for the development of U.K. open banking.”
MIAMI – A fintech here has launched a new crypto refinance offering and undercollateralized mortgage.