CORK, Ireland–Saying it is responding to the surge in member savings, one credit union here is implementing a transaction charge for members who want to access their savings accounts.
Fresh Today
NAPERVILLE, Ill.—The Illinois Credit Union System said it has entered into a partnership with GreenPath as part of an effort to promote financial health among CU members.
NAPERVILLE, Ill.–Alloya Corporate FCU has become a member of the National Association of Credit Union Services Organizations (NACUSO), becoming the first corporate CU to do so.
NEW YORK—More Americans carry a debit card than a credit card.
PORTSMOUTH, N.H.–A new report offers some insights into the micro-trends banks and credit union is are seeing as they deploy a virtual assistants as part of a broader conversational banking strategy.
RIYADH, Saudi Arabia—Leaders of the G20 reiterated their commitment to following anti-money laundering policy measures recommended by the Financial Action Task Force (FATF), which stressed their importance amid the COVID-19 pandemic at a recent summit hosted by the Saudi presidency.
ALEXANDRIA, Va.– Kyle S. Hauptman has been sworn in as a member of the NCUA board
WASHINGTON–While the credit union focus on a massive defense bill now before Congress has been on provisions related to giving banks access to military bases, the legislation also includes what are being described as “widespread” changes to the Bank Secrecy Act and anti-money laundering (AML) laws.
ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices rose 0.2% in November. The Bureau of Labor Statistics reported that the overall consumer price index (CPI) grew 1.2% over the 12-month period.
WASHINGTON—The Consumer Financial Protection Bureau has issued two final rules related to qualified mortgage (QM) loans. Consumer groups have responded by saying both rules will work to the “detriment” of homeowners.