WASHINGTON–Some 244 credit unions have received$401.8 million in awards from the Treasury Department’s new Rapid Response Program (RRP) as part of $1.25-billion in COVID 19 relief funds that are going to 863 community development financial institutions (CDFIs) overall.
MADISON, Wis.–Filene has announced plans to host a pair of webinars this month.
ST. LOUIS–Many in the U.S. are facing a retirement crisis that has only been made worse by the pandemic, according to new research.
MIAMI–The technology CUSO Nymbus has closed a funding round with a $5-million investment from the Curql Fund, the venture capital arm of Members Development Co.
ATHENS, Ga.–Southeast CUNA Management School said its 2021 program is being hosted in a completely virtual environment for the first time ever in its 41-year history.
MADISON, Wis.—The National Credit Union Federation of Korean (NACUFOK) has made a “sizeable donation” of facemasks to the World Council of Credit Unions.
JACKSON COUNTY, Miss.–An Alabama man has been arrested here after allegedly attempting to rob a credit union for a second time in a matter of months. He had also been arrested earlier for attempting to rob another credit union.
SAN FRANCISCO—Wells Fargo is embarking on its biggest push to expand a major business line since it named a new CEO, launching a roster of credit cards aimed at competing with popular products from larger rivals, Bloomberg reported.
SEOUL, South Korea—Another digital wallet has bitten the digital dust, and this time it’s LG’s contactless mobile payments service in the U.S.
NEW YORK—The COVID-19 pandemic has exacerbated the rising cost of compliance for financial institutions, a new report reveals.
