LONDON—Expect open banking to make major inroads in 2019, one expert is predicting.
Fresh Today
WASHINGTON—CUNA has written to the leadership of the House and Senate Appropriations Committees to urging them to include House report language in any final appropriations legislation for fiscal year 2019.
MESQUITE, Texas–A member of Neighborhood Credit Union has won nearly $50,000 after winning the top award in the CU’s Prize Savings Account program.
ALEXANDRIA, Va.—As the last taxi medallion lending CU in New York City is merged out of existence, a new report reveals approximately nine months ago the NCUA board upheld a regional director's denial of a taxi medallion lending credit union's request for a renewal and extension of an exemption from the nonmember deposit cap.
DENVER–CULedger, the CUSO that has CUNA among its backers and which focuses on delivering blockchain/distributed ledger applications to credit unions, said it will host a livestream special event at the DCU Fintech Innovation Center in Boston on Jan. 18, 2019 at 3:00 p.m. EST.
NAPERVILLE, Ill.– For the ninth year in a row, Illinois’ state-chartered credit unions will receive a credit toward their regulatory fees.
WOODBURY, Minn.–Ideal Credit Union has returned 10% of its 2018 earnings to members who participate in its VIP+ Program.
MUSKEGO, Wis.–Corporate Central Credit Union said it has paid its member credit unions a Member Loyalty Reward representing a 5.81% dividend on all perpetual contributed capital (PCC) balances for the month of December, and paid a participation bonus based on each member’s use of Corporate Central’s products, services, and CUSO offerings.
WATERFORD, Conn.– Charter Oak FCU said it has awarded more than $575,000 in annual $100 cash bonuses to its Gold Rewards members, which is the highest amount ever paid since the unique program began nine years ago.
GOLDSBORO, N.C.–Commercial Business Systems, which provides core processing solutions, has chosen Denver-based CUSOCU Service Network to provide it with internal compliance services.