WASHINGTON–Perhaps as the result of their ability to develop strong relationships with their members, credit unions between $500 million and $1 billion in assets are outpacing national averages in share draft, member business loan, and auto loan penetration, according to second quarter analysis from Callahan & Associates.
WASHINGTON—CUNA has sent a comment letter to FinCEN supporting the agency’s proposal that would ensure certain financial institutions lacking a federal regulator—including privately insured credit unions (PICUs)—follow the same BSA-related requirements as other financial institutions.
DES MOINES, Iowa and RANCHO CUCAMONGA, Calif.–Mercator Advisory Group, TMG and CO-OP Financial Services have released two blockchain resources for community-based financial institutions.
NEW YORK—A new report indicates that banks are giving away credit cards “like it’s 2008.”
MOLINE, Ill.–Two client credit unions of La Macchia Group have broken ground on new facilities.
WASHINGTON–Sales of previously owned homes bounced back during September.
NEW YORK–Big banks continue to push into big mortgages.
SAN FRANCISCO–Wells Fargo and Commonwealth Bank of Australia have used blockchain to process and execute a shipment of cotton from the U.S. to China.
BOULDER, Colo.–As part of the continuing evolution in what motivates different generations to work, a new survey has found that 70% of Millennials said the desire to travel is the primary reason to work.
LIVONIA, Mich.– Zeal Credit Union spent a day working in Campus Martius in downtown Detroit to raise awareness about metro Detroit’s homeless population.
