Credit Union Cherry Blossom Run, SACTOWN Run Return This Weekend 03/31/2022 07:50 pm WASHINGTON—After two years of being virtual events, the popular Credit Union Cherry Blossom Ten Mile Run will return this weekend in Washington, as will the Credit Union SACTOWN Run in Sacramento, Calif.
Here's How CU Economists are Responding to Today's Jobs Report 04/01/2022 09:57 am WASHINGTON–The newly released March jobs report shows nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, according to the Bureau of Labor Statistics.
Ontario Aims to Modernize Framework for CUs, Caisses Populaires 03/31/2022 08:04 pm TORONTO–Ontario is seeking to modernize the framework under which credit unions and caisses populaires operate with a goal of better serving communities, according to a new report.
Vizo Financial FedNow ‘Provider Showcase’ 03/31/2022 08:04 pm WASHINGTON—The Federal Reserve has launched its FedNow service provider showcase, a tool that it says highlights how firms can help financial institutions implement real-time payments using FedNow.
Genisys CU Named Outstanding CU of the Year in its Peer Group by Michigan League 04/03/2022 04:40 pm AUBURN HILLS, Mich.– Genisys Credit Union has been named the 2022 Outstanding Credit Union of the Year, Large Asset Size, Award by the Michigan Credit Union League (MCUL).
Treasury Requests $212M for Office of Terrorism & Financial Intelligence’ 04/03/2022 04:32 pm WASHINGTON—The U.S. Treasury Department has requested $212 million for its Office of Terrorism and Financial Intelligence in the federal budget for fiscal year 2023 as it looks to upgrade the sanctions process following the agency’s sanctions review last year.
Ted Cruz Intro’s Bill to Prohibit Federal Reserve from Issuing Central Bank Digital Currency 04/03/2022 04:42 pm WASHINGTON—Sen. Ted Cruz (R-TX), a member of the Senate Commerce Committee, has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals.