WASHINGTON–The Consumer Financial Protection Bureau has released a report that suggests a “credit builder loan” could increase the likelihood of establishing a credit record for consumers without one, and could help improve the credit scores of those with no current outstanding debt.
Fresh Today
WASHINGTON–Young credit union members saved some $2.8 million in “Money Magic” deposits as part of this year’s National Youth Savings Challenge, according to CUNA.
WASHINGTON—Credit unions borrowed an aggregate $270.7 million from the Federal Reserve's Discount Window during the second quarter of 2018.
WASHINGTON – NAFCU has announced its annual Congressional Caucus is the latest to become a virtual event.
WASHINGTON–CUNA has signed on to a joint letter in support of the FCC’s goals of eliminating illegal automated calls while at the same time working to ensure consumers receive important, time-sensitive calls from financial institutions, healthcare providers and other legitimate entities.
BRUNSWICK, Ga.—The $154-million Marshland Community FCU here and Interstate Unlimited Federal Credit Union, based in Jesup, Ga., are seeking to convert to state charters.
GAINESVILLE, Fla.–It’s just gotten a little more inclusive under the credit union umbrella, as it should.
WESTBROOK, Maine–The Maine Credit Unions’ Campaign for Ending Hunger is reporting that its month-long $100,000 Challenge raised more than $227,000 to support Good Shepherd Food Bank’s COVID-19 response and community food pantries across the state.
ARCOLA, Saskatchewan–A three-way merger among credit unions here has been approved by members of the respective CUs. According to Cornerstone CU, Horizon CU and Plainsview CU, members provided “overwhelming support” for the combination.
NEW YORK—Venmo is going after small businesses.
