America First Opens New Branch 10/14/2021 08:04 pm HEBER CITY, Utah –– America First Credit Union celebrated the grand opening of its newest branch here with a ribbon-cutting celebration
Paper Forecasts Fintechs Will Lead to Decline in Cash, Checks to be ‘Obsolete’ 10/14/2021 07:47 pm SYDNEY, Australia—A new paper published here is predicting that fintechs will completely transform financial services to the point where payments are likely to be immediate in the next five years, while cash use will continue to decline and checks will be “obsolete.”
It’s International Credit Union Week: Here’s Some of What’s Taking Place 10/18/2021 07:51 pm MADISON, Wis.–International Credit Union Week is taking place this week, with Thursday marking International Credit Union Day around the world.
PSCU Launches Digital Experience Platform, My Card Manager 10/18/2021 08:04 pm ST. PETERSBURG, Fla.–With demand for prepaid cards increasing, PSCU said it has launched its newest prepaid digital experience platform, The PSCU My Card Manager.
Will CUs That Recently Added SBA Loan Authority Be Pushed Out of Business by the SBA? 10/18/2021 07:47 pm ARLINGTON, Va.–Is historical data being cited by some to argue the Small Business Administration (SBA) should get back into the direct lending business actually overlooking some more recent data that would appear to refute that argument?
Concerns Over NCUA Proposal on Complex CU Leverage Ratio Are Voiced by NAFCU 10/18/2021 07:46 pm ARLINGTON, Va.—NAFCU has expressed concerns to NCUA regarding the agency’s proposal to adopt a complex credit union leverage ratio (CCULR) as an alternative measure of risk-based capital (RBC) adequacy.
Retail Sales Beat Expectations, Even As Worries Expressed Over ‘Empty Shelves’ in Coming Months 10/18/2021 07:46 pm ARLINGTON, Va.—Total retail sales jumped 0.7% in September, following August’s upwardly revised rise. Of note, the July number was also revised higher, though it still fell by 1.6%.
If Approved, Merger Would Create $11-Billion CU 10/18/2021 07:46 pm ANCHORAGE, Alaska.–Two large credit unions are proposing to merge and become even larger, although the smaller institution intends to retain its branding.
Alloya Corporate Names Fifth Winner in Its ’10 for 10 for 10’ Initiative 10/18/2021 07:45 pm NAPERVILLE, Ill.—The fifth winner in Alloya Corporate FCU’s “10 for 10 for 10” initiative has been named: Best Buddies International.
Veridian CU Hosts Shred Events 10/18/2021 08:04 pm WATERLOO, Iowa – Veridian Credit Union hosted mobile shred trucks at five Community Shred Day events across Iowa and eastern Nebraska.