RALEIGH, N.C.– The North Carolina House of Representatives has proposed appointing several credit union leaders to key boards and commissions.
Fresh Today
OTTAWA, Canada—The Bank of Canada (BoC) will increase supervision of payment service providers and launch a real-time payments system over the next two to three years, according to a new report.
BROOKFIELD, Wis.–In this, the second of a two-part series that reviews the very latest disclosure forms filed with NCUA by credit unions seeking to merge, more examples can be found of credit unions offering related compensation packages to their management, including one that is to last a decade—and often in cases where the CU has been losing money and/or there is no distribution of net worth to members.
WILMINGTON, N.C. —While approximately 80% of Gen Z and 75% of Millennials have chosen a large bank as their primary financial institution, 52% are willing to switch to a community bank, 50% to an online-only institution and 47% to credit union, according to a new survey.
DES MOINES, Iowa—Massive flooding driven by torrential rains in this state have credit unions scrambling to assist members, with the credit unions themselves reporting that to date they have largely escaped serious damage, the Iowa Credit Union League told CUToday.info.
WILLISTON, Vt.–A new name and brand have been announced by the credit union that has been formed by the merger of New England FCU and Vermont State Employees FCU.
WILLINGBORO, N.J. –ABCO FCU said it will unveil a new name and brand effective July 1.
SAN DIEGO–Less than six months after entering into a lending partnership with Tesla, Origence is reporting credit unions have done more than a half-billion-dollars in loans for the EVs, while a Tesla executive offered his thoughts on what has taken place to date and what he believes lies ahead.
SAN DIEGO–Success is simple. Or more precisely, success lies in simplicity. And yet leaders and organizations continue to add needless amounts of onerous complexity in failed attempts to drive success, according to one expert, who shared some examples on how to (simply) tackle the challenge.
GREENVILLE, Penn.– Bessemer System FCU is awarding a $100 one-time special dividend to each active member in good standing to “celebrate the credit union’s recent successes,” which will mean more than $330,000 infused into the local community, it said.