WASHINGTON—Federal Reserve Chair Janet Yellen said the Fed would not rule out employing negative interest rates in the event of another economic downturn.
Fresh Today
MONTPELIER, Vt.–Vermont State Employees Credit Union is seeking cooperative businesses in which to invest through a program it calls Co-op Capital.
COLUMBUS, Ohio—Five CEOs of credit unions serving law enforcement in Ohio came together here in April to take a photo to show support for their members.
LAYTON, Utah–CUProdigy, a technology CUSO with member credit unions nationwide, said it has entered into a remarketer agreement with Omaha Associates for the CUSO’s cloud-based infrastructure services.
LINDEN, N.J.– IMM, a provider of eTransaction automation, announced that its eSignature capabilities are now fully integrated with CU Direct’s Lending 360 loan origination and account enrollment platform.
NOTTINGHAM, U.K.—The overall fraud rate during Q1 2016 continued to grow reaching 54 in 10,000—compared to 45 in 10,000 during Q1 2015—spurred on by fraudsters focusing their efforts on current accounts and credit cards, a new report indicates.
WASHINGTON–The financial condition of Baby Boomers isn’t so booming.
TALLAHASSEE, Fla.–The Pod Advertising, which works with numerous credit unions, has announced the grand opening of its newest division, CoLab @ The Pod.
ST. LOUIS–Scott Credit Union has entered into a naming rights deal with Major League Baseball’s St. Louis Cardinals.
MALVERN, Penn.–Temenos, a software specialist for banking and finance, reported it successfully concluded its first unified Client Educational Conference and Compliance Knowledgeshare meeting.