New Strategy for Capital Raise 07/02/2022 12:04 pm PASADENA, Calif.–Using investments from 20 credit unions, a CUSO here has purchased Wescom Central Credit Union’s office building in a sale/lease-back deal.
Allied Solutions Acquires CU Direct’s Lending Insights Platform 07/02/2022 12:04 pm CARMEL, Ind.—Allied Solutions has acquired CU Direct’s Lending Insights platform.
EU Officials Urged to Move Cautiously With Digital Euro 07/02/2022 12:04 pm WASHINGTON—The Institute of International Finance is urging European Union officials exploring the creation of a digital euro to proceed slowly and carefully.
New Horizons Earns Military Saves Designation 07/01/2022 03:04 pm MOBILE, Ala.–New Horizons Credit Union has earned the Military Saves Designation of Savings Excellence award for efforts in financial education stressing the importance of saving during Military Saves Month.
NCUA Meets Virtually With Ukraine Regulators; Separately, Makes it Easier to Add Underserved Areas 07/04/2022 09:27 am ALEXANDRIA, Va.–NCUA last week hosted a pair of virtual briefings aimed at helping Ukraine’s credit union regulator even as that country remains under attack from Russia. The Ukrainians also offered updates on the situation they face during the meetings.
Just Over Half of Americans Say They Believe Financial Independence, American Dream Are Attainable 07/04/2022 09:28 am DALLAS–Just over half of Americans still believe they will become financially independent and achieve the American Dream at some point in their lives, according to a new survey conducted by the National Financial Educators Council (NFEC).
Also Seeing Inflation: The Number of Credit Cards Americans are Carrying 07/04/2022 09:28 am NEW YORK—The competition facing credit unions in the credit card marketplace is only growing, as new data show inflation is playing a key role in driving up the number of cards Americans are holding.
