EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) said it has joined with Michigan State University to mark the grand opening of In Good Taste, a “vibrant new community engagement space” in the MSU Union building.
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HONOLULU–HawaiiUSA FCU has selected Velera to provide it with debit card processing services, alongside continued credit card processing support.
SYOSSET, N.Y.–PARC Street Group said it is launching PARC Compensation Consulting, which it described as a signal of a significant expansion of its solutions.
NEW YORK—A new study has found 80% of U.S.-based sponsor banks are reportedly facing challenges in meeting embedded finance compliance requirements.
MADISON, Wis.–The World Council of Credit Unions will host a webinar today titled “Marketing With M.O.R.E.” The webinar will begin at 11 a.m. E.T.
TALLAHASSE, Fla. – The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) and the Virginia Credit Union League (VACUL) said they have signed a letter of intent to "strategically consolidate," creating an association representing credit in Alabama, Florida and Georgia, in addition to Virginia.
WASHINGTON–In the wake of a new CFPB report that found Americans are paying tens of millions of dollars in fees to access their own money when getting “cash back” at large retail stores when making a purchase with a debit or prepaid card, a merchants group has responded by saying those fees are actually the “fault of banks setting high swipe fees charged to merchants and failing to provide services in small towns.”
NEW YORK–As with so many other organizations, credit unions have been caught up in the challenges of returning remote workers to their offices, which means they may also be facing another related trend: the so-called “hushed hybrid” schedule.
TYSONS, Va.– PenFed Credit Union is reporting it has closed on its second prime auto loan securitization in a $447.4 million transaction that involved fixed-rate, amortizing asset-backed notes backed by prime auto loans.
WASHINGTON– The Defense Credit Union (DCUC) said it has formed two new political action committees (PACs), the Defending Credit Unions Political Action Committee, (DCU PAC), and National Advocacy Fund, (DCU NAF).