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TACOMA, Wash.–Credit Union Strategic Planning, which is the CU community’s largest organization for helping credit unions obtain Community Development Financial Institutions Fund grants from the Treasury Department, is reporting it facilitated nearly half of all successful 2021 CDFI FA grant applications for credit unions, totaling $20 million. 

WASHINGTON–Americans’ personal income may have increased $90.4 billion (0.4%) in November, but they’re paying nearly 6% more for common goods and services compared with one year earlier, according to estimates released by the Bureau of Economic Analysis (BEA).

CHICAGO—TransUnion is partnering with HomeFree-USA, a nonprofit homeownership development and financial empowerment organization, as part of an effort to help more Black Americans achieve and sustain homeownership.

WASHINGTON—A top U.S. Treasury official said financial regulators are prepared to extend existing authorities to rein in stablecoins, although Treasury hopes instead Congress will move on key legislation to regulate the space.

WASHINGTON—A mortgage industry data analytics firm will be required to bolster its data security protections and oversight of its vendors to ensure third-party providers are also complying with those safeguards, according to the terms of a settlement between the company and the Federal Trade Commission.

PURCHASE, N.Y.–Retail sales in the United States jumped nearly 11% this holiday season compared with the holiday period in 2019, the year before the pandemic upended the global economy, according to a new Mastercard analysis.

HARRISBURG, Penn.– PSECU has donated $20,000 to the American Red Cross.

TACOMA, Wash.– TAPCO Credit Union has named a new CEO.

STRATFORD, Conn.– In addition to hosting Toy Drives in all branches, Sikorsky Credit Union donated $22,500 to local non-profit organizations to help brighten the holiday season.

NEW ORLEANS--Xplore Federal Credit Union has named Joseph Cochran Director of Commercial Lending.