SAN SALVADOR, El Salvador— El Salvador’s president has announced plans to give the country’s citizens starter Bitcoin accounts with $30 in them to promote use of the cryptocurrency.
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TALLAHASSEE, Fla.—Florida Gov. Ron DeSantis is expected to sign Florida's robocall bill into law after being presented the bill this week.
NAIROBI, Kenya–A Kenyan fintech startup is working with this country’s credit unions, known as SACCOs, to turn them modern digital banks, according to a new report.
WASHINGTON–A CUNA economist is forecasting continued declines in the unemployment rate and ongoing economic recovery. As for fears of a housing bubble, there isn’t one, CUNA said.
WASHINGTON–First-lien mortgages saw a decline in performance during the first quarter of this year, with 94.2% of mortgages being current and performing at the end of the quarter, down from 96.5% a year earlier, according to the Office of the Comptroller of the Currency (OCC).
NAPERVILLE, Ill.–A national effort is underway to get love for credit unions to go viral and trend across social media platforms on July 30.
SCOTTSDALE, Ariz.–Two start-up companies reaped billions of dollars in fees by processing one third of all Paycheck Protection Programs this year, according to a new analysis.
WASHINGTON—Calling for an accurate, fair, transparent, and equitable credit reporting system, NAFCU sent a letter to the House Financial Services Committee ahead of a hearing that examined proposals to overhaul credit reporting.
WASHINGTON—Ahead of the House committee markup of appropriations bills (FSGG), NAFCU has again expressed its concerns over efforts to provide banking services through the postal service.
WASHINGTON—Federal Housing Finance Agency (FHFA) Acting Director Sandra Thompson is being urged by NAFCU to consider the credit union perspective about recent amendments to the government-sponsored enterprises' (GSEs) Preferred Stock Purchase Agreements (PSPAs) and the impact on credit unions' ability to provide temporary GSE qualified mortgages through the GSE Patch.