HENDERSON, Nev.–Credit unions of $300 million in assets and smaller are being invited to participate in participate in a unique Underground Boutique Xchange on May 25 titled, “This one, ‘Hell No, We Won’t Go…Away.”
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OKLAHOMA CITY, Okla.–Oklahoma has become the latest state to approve prize-linked savings accounts.
WASHINGTON–CUNA has told NCUA it supports the agency’s proposal to expand CUSOs’ ability to make loans, while offering the FCC recommendations on how it might strengthen rules around call blocking.
PHOENIX/DENVER– The Mountain West Credit Union Association said it will hostits first-ever hybrid annual meeting and convention May 3-7, with the in-person event taking place at the Fairmont Scottsdale Princess in Scottsdale, Ariz. The meeting will also be held virtually on an interactive online platform.
BROOKFIELD, Wis.–Fiserv said it has made a number of moves to enable businesses of all sizes across a range of industries to support in-demand digital payment options and to expand their touch-free payment capabilities via a new relationship with PayPal.
BASEL, Switzerland–In a move the World Council of Credit Unions says deserves watching, the Basel Committee on Banking Supervision published two reports related to climate change.
CHARLOTTETOWN, P.E.I.–Members of four credit unions here have voted in favor of merging into one CU.
DUBLIN, Ireland–Flush with so much in deposits that some credit unions have capped member accounts, a group of about 40 CUs in this country are taking advantage of a relaxation of investment restrictions in 2018 to invest more than €150 million in a corporate bond fund.
WASHINGTON–The nation’s retailers have filed a lawsuit seeking to have the Federal Reserve lower its 10-year-old cap on the swipe fees being charged to process debit card transactions, saying the agency wrongly applied federal law and that merchants have paid billions of dollars more than intended by Congress while banks’ costs have fallen.
RANCHO CUCAMONGA, Calif.—As the COVID-19 vaccine rollout continues to progress, enabling the U.S. economy to slowly reopen, consumer spending patterns are finally beginning to take on a familiar hue, according to new analysis from CO-OP Financial Services.