NAIROBI, Kenya–Amidst what the World Council is describing as the “devastating effect on the economies of Africa” from the coronavirus pandemic, Savings and Credit Cooperatives (SACCOs) in Kenya are going to face their greatest challenge in the area of product and service development and delivery, according to WOCCU.
PEWAUKEE, Wis.–Fiserv and Deluxe have announced a new relationship aimed at bringing merchant services to Deluxe small business customers.
SEATTLE—BECU has released its 2019 Annual Report and said it returned $388-million—or $322 per member—to its membership last year in the form of better rates and lower fees when compared to bank averages.
WASHINGTON – The Consumer Financial Protection Bureau announced its Credit Union Advisory Council, along with its Consumer Advisory Board, Community Bank Advisory Council and its Academic Research Council will meet jointly on May 1 from 2:00 to 4:15 pm ET via conference call.
BENTONVILLE, Ark.—Walmart has set up a way for new MoneyCard customers to direct deposit their stimulus checks in a move that could help those who don’t have access to traditional bank accounts.
GAINESVILLE, Fla.–CUToday.info is seeking your input to the stories we are reporting and, just as importantly, perhaps not reporting. With most senior executives at credit unions working from home due to the coronavirus pandemic, countless new issues and challenges have arisen for credit union leaders, as is reflected by CUToday.info’s extensive coverage.
WASHINGTON–Both credit union trade groups are expressing support for an announcement by the Federal Reserve of an interim final rule to amend Regulation D to delete the six-per-month limit on convenient transfers from the "savings deposit" definition.
SCHAUMBURG, Ill.–Two Illinois credit unions have announced plans to merge and create a CU of more than $2 billion in assets.
WASHIINGTON–New funding for the Paycheck Protection Program (PPP) is on its way after the House voted 388-5 to join the Senate in approving a roughly $480-billion package of aid and stimulus for small businesses, hospitals and to pay for COVID-19 testing.
ALEXANDRIA, Va.–NCUA is paying nearly a half-million dollars to the communications firm Edelman to provide it with branding and strategic communications services.
