WASHINGTON—With attention and intertest around cryptocurrency growing among consumers, Kyle Hauptman told credit unions he is committed to ensuring the movement does not fall behind in playing the crypto space and “go the way of Blockbuster.”
Fresh Today
WASHINGTON—When it comes to litigation threats, credit unions are facing more of the same, some very new threats related to COVID-19, and a somewhat forgotten legal threat that has returned to threaten again.
WASHINGTON—Credit unions must prepare for an uncertain and challenging financial market, says Rodney Hood, who said a big competitor—and partner—the movement must focus on are fintechs.
VALDOSTA, Ga.--NCUA has returned control of the $42-million Southern Pine Credit Union here to its members.
IRVINE, Calif.--Origence, a CU Direct brand, is reporting it delivered a record amount in credit union loans through its lending platforms in 2021.
ALEXANDRIA, Va.–NCUA has issued a prohibition order against the former CEO of one credit union who stole nearly one-third of the CU’s assets.
BROOKFIELD, Wis.–Eighty percent of consumers say they enjoy receiving a gift card as a gift, and 68% of consumers will spend the full value of that gift card in three months or less, according to the 19th Annual Prepaid Consumer Insights Study from Fiserv.
WASHINGTON—Following a blog post in which the CFPB shared concerns over the potential for mounting repossessions, the Bureau said it is now moving to thwart illegal repossessions in the “heated” auto market.
DALLAS—MoneyGram International Inc., one of the largest money-transfer services in the U.S., is being acquired by Madison Dearborn Partners for about $1 billion in cash.
MADISON, Wis. – Wisconsin’s state-chartered credit unions reported strong fiscal performance during 2021, according to the Wisconsin Department of Financial Institutions.