WASHINGTON—The Federal Reserve has approved the fee schedules for payment services the Federal Reserve Banks provide to depository institutions in 2021.
Fresh Today
WASHINGTON—A person who a decade ago sought to rein in the country’s biggest banks will now be playing a role in selecting those who will be supervising them.
WASHINGTON–A new report that examines delinquent loans held by young servicemembers leaving active duty reveals credit defaults and other “derogatories” are more likely to occur in the six months after departing the military for those who served at least seven months and up to 35 months.
MADISON, Wis.—The World Council of Credit Unions is reporting its Credit for Agriculture Producers’ (CAP) Project is providing support to the National Bank of Ukraine in its revision of the country’s credit union regulations.
TYSONS, Va.– The PenFed Foundation has released the findings of an annual study on the top U.S. cities for veteran entrepreneurs.
LIVONIA, Mich.–The Michigan Credit Union League (MCUL) has named the state-level winners of CUNA’s Louise Herring, Dora Maxwell and Alphonse Desjardins awards programs.
NEW YORK—As credit card delinquencies remain low, major issuers are seeking to expand their cardholder bases.
NEW YORK—Credit card companies shifted away from travel benefits at the onset of the coronavirus pandemic, but the perks are starting to make a return.
WASHINGTON—The Senate Appropriations Committee has released its FY2021 funding bills, with several containing funding for credit union priorities, although funding is currently lacking for the Community Development Revolving Loan Fund. Funding for the federal government is scheduled to expire Dec. 11.
MADISON, Wis.–The $34-million Post Office Credit Union here is asking its members to vote on merging into the $26-billion PenFed Credit Union, with an offer of a $200 payout per member should the combination be approved and generous compensation to two POCU executives should they exit the organization.