ALEXANDRIA, Va.—A vote on its “Service Facility” rule proposal is on the agenda when the NCUA board meets this week.
Fresh Today
TACOMA, Wash.–The CEO of a bank that was once a credit union is now calling on Congress to revisit the CU tax exemption.
ARLINGTON, Va.—Add NAFCU’s chief economist to those who expect last week’s report on inflation to force the Fed to move more quickly than it would like on raising rates.
MADISON, Wis.–UW Credit Union is reporting it has increased its Foundation Wage to $17 from $16, marking a 35% wage increase since 2015.
MEDIA, Penn.–Another small credit union is citing “unprecedented” pressures and is making plans to merge.
IRVINE, Calif.– Origence, a CU Direct brand, said it has entered into a partnership with LoanStar Technologies to provide retail merchant financing to credit unions.
RENO, Nev.–America First Credit Union said it has entered into a long-term partnership with the University of Nevada Reno athletics program.
WASHINGTON—Credit card interest rates have been rising steadily and the average recently surpassed 17% for only the second time ever, new Federal Reserve data show.
WASHINGTON–A new advisory from FinCEN addresses the growing use of anonymity-enhanced cryptocurrencies (AECs) used in ransomware schemes and the ways that perpetrators launder ransomware proceeds.
WASHINGTON–Credit unions in the process of rolling out holiday-related loan and card marketing efforts might want to target those a little closer to home.