Fresh Today

CHARLOTTE, N.C.–Approximately one-in-four credit card-holders, or about 50-million Americans, have seen a reduction in their card limits over the past 30 days, according to a new survey by LendingTree’s Compare Cards website.

VACAVILLE, Calif.–Travis Credit Union has announced it will match up to $4 million for donations made to the Travis Credit Union Foundation, while separately announcing an immediate $1-million philanthropic initiative that will be disbursed amongst multiple local organizations across five counties.

WASHINGTON–There are federal charters, state charters and now—for first time since 1964— a District of Columbia charters for credit unions.

ASHLEY, N.D.–The local branch here of Hometown Credit Union hosted a week-long scavenger hunt as a way of getting people outside—while still observing social distancing—and to support local businesses. The idea was so popular is it now expanding.

MADISON, Wis.–Credit unions have been offered some direction on how to better understand and simulate what their balance sheets might look like moving forward in a “very volatile future,” as well as been given a list of questions to be asking themselves.

RANCHO CUCAMONGA, Calif.– CO-OP Financial Services will be hosting its THINK 20 Virtual event today from 11 a.m.-5 p.m. ET.

WASHINGTON—The Independent Community Bankers of America (ICBA) is urging the Treasury Department and Small Business Administration to provide additional guidance to community banks and their borrowers on the process for obtaining forgiveness of Paycheck Protection Program loans.

WASHINGTON—The Senate Banking Committee is holding a hearing next week with NCUA Chairman Rodney Hood slated to testify.

WASHINGTON—The Federal Housing Finance Agency (FHFA) has extended several of its efforts intended to provide relief to borrowers for government-sponsored enterprise (GSE) loans amid the coronavirus pandemic.

WASHINGTON—While everyone around the country is affected in some way by the coronavirus pandemic, people of color and low-income individuals are among the most vulnerable, CUNA Senior Policy Analyst Samira Salem is reminding.