WASHINGTON—The U.S. economy will experience moderate growth in 2024 while avoiding recessions, America’s Credit Unions’ economists forecast in ACU’s January Economic Update.
Fresh Today
LAWRENCEVILLE, Ga.—Used vehicle values started off 2024 by heading downward, Black Book is reporting.
OKLAHOMA CITY, Okla.–Florence Rogers, the credit union CEO who survived the bombing of the Alfred P. Murrah Federal Building that killed 18 of the CU’s employees, has died. Ms. Rogers was 88.
ALEXANDRIA, Va.— When the NCUA board meets today it will receive a briefing on the Share Insurance Fund’s (SIF) quarterly report and will also issue a final interpretive ruling and policy statement on the Minority Depository Institution (MDI) Preservation Program.
NEW YORK–An “alarmingly large” portion of the world’s financial systems, including 95% of all ATM activity in the United States and 80% of all in-person credit card transactions, run on 60-year-old computer code that “no one knows anymore,” according to a new report.
WESTBROOK, Maine– The Maine Credit Union League is reporting its Maine Credit Unions’ Campaign for Ending Hunger raised $1,221,868.94 in food and cash donations in 2023—marking a new fundraising milestone for the Campaign and exceeding its annual fundraising goal by over $200,000.
WASHINGTON—Ahead of the House Financial Services Committee’s oversight hearing on FinCEN, America’s Credit Unions expressed support for FinCEN’s efforts “to track and investigate financial crimes involving money laundering and terrorist financing” through beneficial ownership information (BOI) rulemakings.
WEST LAFAYETTE, Ind.—Purdue Federal Credit Union has selected United Solutions for collections services.
ALEXANDIA, Va.–NCUA should implement an enterprise-wide cloud computing strategy and develop and implement associated policies, procedures, and standards, according to a new report from the agency’s Office of Inspector General, which issued the report as part of a review of NCUA’s cloud computing services.
KOLOA, Kauai–Attendees at the recent Volunteer Leadership Institute hosted by Rochdale raised more than $36,000 for the Maui Credit Union Relief Fund, which is providing assistance to those victimized by the fires on the island in 2023.