NORTH MINNEAPOLIS, Minn.–A de novo credit union that has been in the works for five years to serve the African-American community here now has a new name: Arise Community Credit Union.
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MADISON, Wis.–Nevada has become the latest state to launch CUNA’s Your Money Further campaign, better known to many as the “Open Your Eyes” national awareness initiative.
EL PASO, Texas–The National Credit Union Foundation’s Development Education (DE) program will host an in-person workshop in this city on the U.S./Mexico border from Oct. 11-14, with a focus on service to immigrant populations.
WASHINGTON—The speaker lineup at NAFCU’s 2022 CFO Summit now includes Mastercard United States Chief Economist Michelle Meyer, who will discuss the current state of lending.
WASHINGTON—The Office of the Comptroller of the Currency is being asked by legislators to rescind interpretative letters allowing banks to engage in crypto activities.
WASHINGTON—Payments totaling more than $9.7 million are being sent to more than 61,990 consumers who were charged hidden fees by LendingClub Corporation, according to the FTC.
WASHINGTON—The Conference of State Bank Supervisors (CSBS) has released two new tools aimed at helping nonbank financial services companies improve their cybersecurity posture.
CANTONMENT, Fla.—In a move that has not been seen since credit unions began buying banks more than ten years ago, one credit union intends to acquire a bank that’s nearly equal to its own size.
AUSTIN, Texas–As interest rates rise, one-in-five credit card-holders say accumulating credit card debt is among one the biggest regrets they have and that they would rather let someone read through their text messages than show them their credit history.
WASHINGTON–At least one Federal Reserve Bank president said he believes the Fed will again need to raise rates when it meets in September, despite new data showing the rate of inflation has slowed.
