WASHINGTON–The Consumer Financial Protection Bureau has closed two of its offices after a contractor in its Washington headquarters tested positive for coronavirus.
Fresh Today
CHICAGO–One incumbent candidate backed by credit unions in Tuesday’s primary elections has lost.
ARLINGTON, Va.—Total retail sales declined 0.5% in February, following a revised 0.6% rise in January. Retail sales are expected to fall even more steeply as a result of the coronavirus outbreak and resulting quarantines and job reductions.
MADISON, Wis.—The World Council of Credit Unions (WOCCU) has launched a new online resource for credit union professionals interested in sharing stories about their digitization efforts and tracking the progress of Challenge 2025: the digitization of the global credit union system.
PURCHASE, N.Y.—Mastercard has launched a new initiative “Path to Priceless” designed to reaffirm the company's commitment to women entrepreneurs.
WASHINGTON—Members may soon be filing into their credit unions with checks to deposit from the federal government as part of a stimulus package response to the coronavirus outbreak.
WASHINGTON—President Donald Trump and National Economic Council Director Larry Kudlow are being urged by NAFCU to provide credit unions with additional relief and support to better serve members impacted by the coronavirus.
NEW YORK–Morgan Stanley has issued a warning that the coronavirus pandemic is going to hit the economy hard.
ROCKVILLE, Md.–A credit union with members on the frontline of the fight against the coronavirus has announced a number of changes at its facilities. It is among many CUs across the country that have also announced branch closures, changes in hours, new procedures at their facilities, and more.
WASHINGTON–In response to the growing threat from the coronavirus, three federal banking agencies have announced steps they said are designed to provide banks with additional flexibility to support households and businesses.