ST. CHARLES, La.–With more than 350,000 people without power and widespread damage, credit unions in southern Louisiana are starting the week assessing damage to their operations and their members following Hurricane Laura, remnants of which hit the northeastern U.S. over the weekend.
JACKSON HOLE, Wyo.–Credit unions and their leaders charged with managing the balance sheet in the years ahead have been sent a strong signal of what to expect on rates in the years ahead—not much.
WASHINGTON—The Commerce Department has released its second estimate of economic activity for the second quarter, which showed a 31.7% collapse due to the coronavirus pandemic.
NEW YORK–The nation’s credit unions had $8.34 billion in Paycheck Protection Program loans outstanding at the end of June, according to a new analysis.
WASHINGTON—The Consumer Financial Protection Bureau has issued a new Home Mortgage Disclosure Act (HMDA) analysis of the 2019 HMDA Data.
SAN FRANCISCO–Wells Fargo is again the subject of another proposed class action lawsuit.
MORTON GROVE, Ill.–Two Illinois Credit Unions are reporting they have completed a merger.
CASCADE, Iowa—Dupaco Community Credit Union said it is partnering with Dubuque, Iowa-based Creative Adventure Lab to combine programming content and expertise in order to empower financial education, community innovation, and entrepreneurship in a new space called The Innovation Lab here.
LAKEWOOD, Colo.–Aux, which describes itself as a “boutique back office” CUSO and which was formerly known as CU Service Network, has announced the new credit union clients it has added during the first half of 2020.
PURCHASE, N.Y.—Major payment companies have long looked on at cryptocurrencies as too risky to touch, but now they may be too tempting to ignore.
