WASHINGTON—Elizabeth Osborn, chief operating officer of Great Lakes Credit Union in Illinois, will testifybefore a House committee today as part of a hearing titled, “AI Innovation Explored: Insights into AI Applications in Financial Services in Housing.”
Fresh Today
MADISON, Wis. – The deadline is this week for nominations for the highest awards in U.S. credit unions, the 2025 Herb Wegner Memorial Awards.
PURCHASE, N.Y.—Mastercard and the Medical Tourism Association (MTA) have announced a partnership they say is designed to “modernize the end-to-end health care experience” for patients and providers.
HONOLULU— Cryptocurrency firms in Hawaii are now exempt from the requirement to receive a Money Transmitter License (MTL) to operate in the state.
WASHINGTON–Two credit union trade groups have responded to the announcement by President Joe Biden that he will not seek reelection by issuing statements reflective of their neutrality in presidential races.
WASHINGTON—Single-family home prices increased 6.9% from Q2 2023 to Q2 2024, a decline from the previous quarter’s upwardly revised annual growth rate of 7.3%, according to Fannie Mae’s latest Home Price Index.
LOS ANGELES –Another credit union has been hit by a lawsuit by a DACA (Deferred Action for Childhood Arrivals) recipient that alleges bias based on her immigration status.
NEW YORK—Citigroup is closing down unused credit card accounts as a growing number of customers fall behind on their payments, according to a new report.
RALEIGH, N.C.–Few credit unions in the country have their loan portfolio scrutinized publicly as does State Employees’ CU, and that continues to be the case.
WASHINGTON–Newly released analyses conducted by banking regulators on most of the 22 major capital and liquidity rules issued in the wake of the 2007-09 financial crisis has found they did not consistently reflect lending practices through 2021.
