SAN ANTONIO, Texas — Ecority, a nonprofit that has built a national coalition of credit unions and state-chartered green banks, said it is projecting that credit unions in the United States could finance 5.3 million projects for a total of $107 billion in just six years by “leveraging the industry’s existing branch network and digital channels along with potential grant funding.”
Fresh Today
MINNEAPOLIS, Minn.–Saying to many credit unions have tried to be all things to all people, a fintech has been launched to leverage the power of “niche experiences” in order to better engage members.
POCATELLO, Idaho–Following a vote by the Idaho State Board of Education, Idaho Central Credit Union has obtained naming rights to Idaho State University’s Holt Arena, which will now be known as the Idaho Central Credit Union Dome.
WASHINGTON—America’s Credit Unions is reminding CUs that Friday, Jan. 12, is the deadline for credit unions to complete a survey on the Federal Reserve’s interchange proposal.
EAST LANSING, Mich.––Reseda Group, a wholly owned CUSO of MSU FCU, has introduced the “Ever Green Financial Wellness Center,” which it is calling a new interactive platform designed to help credit unions and community financial institutions promote financial literacy and education.
POUGHKEEPSIE, N.Y.— In a first-of-its-kind transaction in this state, $7-billion Hudson Valley Credit Union here reported it intends to purchase $593-million Kingston, N.Y.-based Catskill Hudson Bank and its parent company Catskill Hudson Bancorp, Inc.
WASHINGTON—The Federal Trade Commission (FTC) should avoid subjecting “not-for-profit, well-regulated, state-chartered” credit unions to its proposal against unfair or deceptive practices related to fees for goods or services, America’s Credit Unions said in a letter to the agency.
WASHINGTON—In response to a proposed rule designating certain nonbanks offering “general-use digital consumer payment applications” to be subject to the Bureau’s supervisory jurisdiction, America’s Credit Unions is expressing its general support.
WASHINGTON—America’s Credit Unions and numerous state CU leagues are part of a coalition that has launched a new campaign to highlight “united opposition against big box bailout interchange legislation.”
FOOTHILL RANCH, Calif.–loanDepot, a top 15 mortgage lender in the United States, has confirmed it has been hit by a cyberattack that has taken down its systems.