WASHINGTON–The National Credit Union Foundation is reminding that the nomination period is open for the highest awards in the U.S. credit union community, the Herb Wegner Memorial Awards.
Fresh Today
SNELLVILLE, Ga.–The African American Credit Union Coalition will host a webinar today as part of its Commitment to Change Conversation series.
RIVERWOODS, Ill.—Discover Financial Services has relaunched its debit/checking account service.
IRVINE, Calif.–The latest episode of the On with Origence podcast has been released, featuring Mike Schenk, chief economist with CUNA, and Bob Child, chief operating officer with Origence.
MADISON, Wis. — Summit Credit Union said it has joined the Global Alliance for Banking on Values organization, an international network of financial services leaders “dedicated to global values-based banking.”
MADISON, Wis.–The World Council of Credit Unions said it will host a webinar titled “The Social Value Measurement Opportunity: Building on Credit Union Strengths To Enhance Impact” on June 28.
SAN FRANCISCO– Three quarters of the 120 financial institution respondents to a new survey say they intend to adopt the FedNow Service, while 50% plan to utilize the RTP (Real-Time Payment) Service.
MADISON, Wis.–The newest deep dive into credit union performance shows auto delinquencies are on the rise and further “headwinds” could be ahead, home prices could decline by as much as 10% over the next two years, and a drop in member savings balances was the biggest seen in history, according to TruStage’s newest Trends Report.
ALEXANDRIA, Va.—Idaho is leading the way in asset (7%) and share and deposit growth (3.8%) among federally insured CUs, while Alaska (5.9%) and Nevada (20.3%) outpaced all others in membership and loan growth, respectively, NCUA reported, citing Q1 data.
CFPB’s Chopra Questioned by Senate About Card Late Fee Proposal; CUNA Has Recommendations for Bureau
WASHINGTON–Consumer Financial Protection Bureau Director Rohit Chopra spent a good part of his testimony before the Senate Banking Committee this week defending the Bureau’s proposal to lower credit card late fees to $8.