WASHINGTON–Credit unions are going to need to join with other employers for what many analysts are describing as the pending “wage jolt.”
Fresh Today
EAST HARTFORD, CONN.—Dean Marchessault, president and CEO of the $2.3-billion American Eagle Financial CU, has announced he plans to retire at year-end. The credit union has named a successor.
HARRISBURG, Penn.–The CrossState Credit Union Association has recognized its Professional of the Year and Volunteer of the Year, as well as selecting its Credit Union Ambassador.
NEW YORK—How has the pandemic impacted the future of mobile payments? One report suggests three key trends are coming.
WASHINGTON – Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected, a new report shows.
BISMARCK, N.D.–To honor his 52 years of leadership in credit unions, the Dakota Credit Union Association (DakCU) with support from the South Dakota and North Dakota Governmental Affairs Committees, have renamed the GAC Scholarship as the Roger Heacock GAC-HTH Scholarship.
MADISON, Wis.—USAID and the Worldwide Foundation for Credit Unions said they have released an initial disbursement from a $1 million liquidity fund to the Ukrainian United Credit Union (UUCU), the central financing facility for 54 Ukrainian credit unions.
WASHINGTON–The House has passed a bill on debt collection that is opposed by CUNA but supported by consumer groups, more than 80 of which had called for its passage.
WASHINGTON–Two Republican lawmakers have introduced a bill in Congress to federally legalize marijuana, protect banks that service state-legal cannabis business and ensure military veterans are specifically permitted to use marijuana in compliance with state laws.
ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices rose 0.8% in April, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 4.2% over the 12-month period.