ORANGE COUNTY, Calif.– A long-time veteran of credit unions and CUSOs has launched an online platform designed to foster collaboration between credit unions and small businesses.
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TEXARKANA, Texas–TEXAR FCU is reporting it has partnered with Texas A&M University-Texarkana on a new academic initiative that will allow TEXAR employees to take courses at the university at a discounted rate.
WASHINGTON—Credit unions must have confidence that AI innovation will not be penalized by “heavy-handed” regulation, America’s Credit Unions’ wrote to the National Institute of Standards and Technology.
ALEXANDRIA, Va.– NCUA will hold a webinar today during which it said it will share “key points” about its 2024 supervisory priorities.
WASHINGTON—The Community Development Financial Institutions (CDFI) Fund will host a webinar today it said is designed to help organizations understand the requirements of its revised CDFI Certification Application.
NEW YORK–Mounting losses related to commercial loans are being felt by banks around the world.
MADISON, Wis.–Lending at credit unions slowed in November, the savings-per-member ratio appears to have bottomed out, loan quality will decrease this year, and CU membership grew at its slowest pace since 2020, according to the new Trends Report from TruStage.
WASHINGTON–The Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS) for January has found tighter standards and weaker demand for commercial and industrial (C&I) loans to borrowers of all sizes during Q4.
NEW YORK–While the future of branches remains the subject of debate, with credit unions coming down on both sides of the question, the nation’s largest banks are going all in on branch expansion.
LAWRENCEVILLE, Ga.—New vehicle sales, notably electric vehicles, made impressive gains in 2023, Black Book is reporting.