TUSTIN, Calif.–A new credit union-sponsored survey has found that when it comes to managing money, California residents appear more confident about their current situations than they do about their futures.
Fresh Today
NEW YORK—A new P2P player has entered the U.S. market.
PLANO, Texas–Volunteer Corporate CU (VolCorp) has entered into a partnership with Catalyst Corporate FCU to offer Catalyst’s TranzCapture item processing services to its members.
ALEXANDRIA, Va. –Three items are on the agenda for today’s NCUA board meeting.
BASEL, Switzerland—The Financial Stability Board (FSB) has published its assessment of international data standards relevant to cross-border payments,the FSB announced.
WASHINGTON–Navy Federal Credit Union has reached out to Capitol Hill seeking assistance in resolving an issue related to deposit insurance and a contract Navy FCU has won to operate bank branches on military bases.
WASHINGTON–Surprising strength in the latest consumer spending numbers could convince the Federal Reserve it needs to push up rates one more time, according to one credit union economist.
ST. PETERSBURG, Fla.–While consumer behavior remained positive in both credit and debit, changes in that behavior can be seen in new data, according to the October edition of the PSCU Payments Index.
WASHINGTON— Concerns are being raised over the changes being proposed by the Federal Housing Finance Agency (FHFA) to credit report requirements for the government-sponsored enterprises (GSEs) by a group of Senate Republicans, led by Senate Banking Committee Ranking Member Tim Scott (R-SC).
WASHINGTON—Ahead of a hearing by the Senate Banking subcommittee on how community development financial institutions (CDFIs) support housing and economic opportunity, NAFCU Vice President of Legislative Affairs Brad Thaler told the committee in a letter that “roughly 40% of certified CDFIs are credit unions, serving a large portion of communities who have historically been underserved by mainstream financial institutions.”