CO-OP Launches Its Solutions & Technology Roadmap for 2022; Announces Pending Product Launches 10/07/2021 08:04 pm RANCHO CUCAMONGA, California – CO-OP Financial Services has launched its solutions and technology roadmap for 2022, which it said addresses the “fast-changing consumer preferences for digital technologies that accelerated in the wake of the pandemic.
California Closes Loophole Prepaid Co’s Had Been Using to Dodge Overdraft Fee Limits 10/08/2021 10:35 am SACRAMENTO, Calif.—California Gov. Gavin Newsom has signed into law a bill that closes a loophole that prepaid card companies had been using to evade California and federal laws that limit overdraft fees
How CU Economists are Responding to Latest Jobs Numbers 10/08/2021 10:59 am WASHINGTON–What many are calling the newest jobs report disappointing, it has some positives, according to economists with both CUNA and NAFCU.
American 1, TRUE Community Golf Tourney Raises $68,000 10/07/2021 08:04 pm JACKSON, Mich.– American 1 Credit Union and TRUE Community CU co-hosted the Annual Hit ‘Em Fore Hospice Golf Benefit at the Grande Golf Club and exceeded previous fundraising records by raising more than $68,000.
With Compliance Deadline Just Over a Year Away, CUNA Tells FASB CECL Remains ‘Inappropriate’ for CUs 10/07/2021 07:45 pm WASHINGTON—The current expected credit loss (CECL) remains inappropriate for credit unions, CUNA wrote to the Financial Accounting standards Board (FASB).
Five Countries Seek Limits on Cash Payments as Means of Fighting Crime 10/07/2021 08:04 pm BRUSSELS, Belgium—The Netherlands, Belgium, France, Italy and Spain together have petitioned the European Commission to limit the amount consumers can pay in cash within the European Union to €5,000.
Prodigy Reports Strong Growth, Expanded Hiring, New Departments 10/07/2021 08:04 pm SALT LAKE CITY–Prodigy, a CUSO that provides core data processing and cloud infrastructure solutions, is reporting that despite the pandemic it has seen increased demand for its products and services throughout 2020 and 2021.