NAPERVILLE, Ill.—The sixth winner in Alloya Corporate FCU’s “10 for 10 for 10” initiative has been named: Red Wing Youth Outreach.
Fresh Today
CHICAGO–A new study from TransUnion suggests closing the gap in loans currently not being made to low- to moderate-income consumers could generate as much as $300 billion in refinance and purchase originations.
MARLBOROUGH, Mass.–As the world marks International Credit Union Week, the Cooperative Credit Union Association said its board has voted to adopt what has become known as the “8th Cooperative Principle” in support of diversity, equity & inclusion (DEI).
WASHINGTON— Ransomware-related SARs and the frequency of those filings have increased within the first six months of 2021 and have already surpassed the totals for the entire 2020 calendar year, according to a new report on ransomware trends from the Financial Crimes Enforcement Network.
CHIPPEWA FALLS, Wis.–Representatives from Royal Credit Union were joined by Wisconsin Department of Corrections (DOC) Secretary Kevin Carr and Department of Financial Institutions (DFI) Secretary Kathy Blumenfeld in observing financial literacy instruction the credit union is providing to men at Chippewa Valley Correctional Treatment Facility (CVCTF).
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has filed a complaint and proposed consent order alleging that American Advisors Group (AAG) used “inflated and deceptive home estimates” to lure consumers into taking out reverse mortgages.
DUBLIN, Ireland–More than one third of Bank of Ireland’s branches closed for the last time last week and the bank has reached an agreement with the country’s post office to help provide certain services. In many communities ATMs are also being removed.
NASHVILLE, Tenn.–More jobs continue to be added to CUToday.info’s free job board, The Gig.
SAN JOSE, Calif.—The first version of PayPal’s “super app” is officially being introduced to the market, offering a combination of financial tools including direct deposit, bill pay, a digital wallet, peer-to-peer payments, shopping tools, crypto capabilities and more.
ARLINGTON, Va.–For credit union advocates attempting to stay on top of the daily developments in the trillions of dollars in proposed spending bills being debated in Congress, it’s become a daily grind of repeated phone calls to Capitol Hill to get a sense of where things stand.