HERNDON, Va.–During its first quarter of operation, Same Day ACH, an industry initiative to move payments faster, was responsible for more than 13 million credit transactions totaling nearly $17 billion with an average transaction amount of $1,283.
Fresh Today
SAN DIEGO–Mission Federal Credit Union is offering members with qualifying auto loans a reduced interest rate of up to 3% through its “Rate Break” program.
SEOUL, South Korea—Samsung intends to release its foldable smartphone in the third quarter of 2017, according to a new report.
PLEASANTON, Calif.—One forecast is calling for the rapid rise of person-to-person (P2P) payments in the United States.
CAPE BRETON, Nova Scotia–Two credit unions here have merged and formed a new organization under a new name.
MADISON, Wis.–CUNA has officially opened registration for its 2017 America’s Credit Union Conference, June 25-28 in Las Vegas.
WASHINGTON–The Federal Reserve has released a progress report outlining accomplishments and anticipated steps moving forward related to the ongoing initiatives to enhance the speed, efficiency and security of the U.S. payment system.
TALLAHASSEE, Fla.–Should the movie Moonlight win an Oscar for Best Picture, a credit union will have played a supporting role.
WASHINGTON—The Senior$afe Act of 2017 (S. 223) was introduced in the Senate this week, and CUNA has formally stated its support for the legislation.
SCRANTON, Penn.—The troubled Valor Credit Union, whose former CEO has pleaded guilty to bank fraud, is seeking to merge with Pentagon FCU.