Fresh Today

NEW YORK—If Black Friday sales are any indication, retailers should expect a “lackluster” holiday season this year, according to a new report that cites below-average crowds at stores late last week.

TULLAHOMA, Tenn.–Ascend FCU has announced it will return $5 million to members in the form of a bonus dividend, loan interest refunds and rewards payments for debit card usage.

NEW YORK—Three “emerging trends for success” for financial institutions are being shared by Glia.

SALT LAKE CITY –America First Credit Union (AFCU) and Major League Soccer’s Real Salt Lake have named Snider Brothers Meats as the grand prize winner of their inaugural “Small Business Spotlight” contest.

MADISON, Wis.— CUES has announced that its CEO Institute: FinTech will be returning in 2024. The organization said the event will give “credit union professionals the opportunity to deepen their understanding of advanced fintech concepts and learn more about the innovations brought about by fintech.”

SAN FRANCISCO–The giant fintech SoFi Technologies said it will be exiting the cryptocurrency business, citing increased scrutiny from banking regulators.

MINNEAPOLIS—Elan and VolCorp have announced a partnership to help provide credit unions with an agent credit card program.

WASHINGTON—The credit union trade groups are again calling on the House  to pass a joint resolution disapproving of the CFPB’s section 1071 rulemaking related to small business lending data collection.

PITTSFIELD, Maine–– Sebasticook Valley FCU has introduced a Christmas loan special, in addition to a Holiday Cash Calendar Sweepstakes benefiting Maine Credit Unions Campaign for Ending Hunger.

PURCHASE, N.Y.—Mastercard’s Center for Inclusive Growth and CARE, an international humanitarian organization, said they have launched “Mastercard Strive Women,” a new program designed to strengthen the financial health and resilience of small businesses in the APEC economies of Peru and Vietnam, as well as in Pakistan, with a focus on small businesses led by women.