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ABU DHABI, United Arab Emirates—After five years of development, reports indicate China in a matter of months could launch a digital yuan. But bankers and financial industry professionals surveyed at an industry conference still believe the United States will be the first to create a global digital currency.

BOSTON—A new report reveals the use of mobile wallets by U.S. consumers has rebounded to 2016 levels or higher after a two-year decline.

Feature Harper Proposal low res

PALO ALTO, Calif.–Plans by Google to get into the checking account business by initially partnering with one credit union and one bank has far less to do with getting further into the financial business and far more to do with another motivation—and it’s going to have strong implications for CUs, analysts told CUToday.info.

MISSOULA, Mont. – Clearwater Credit  Union has donated $10,000 to the University of Montana’s Veterans Scholarship Fund, which helps ensure student success by reducing financial barriers and improving veteran access to higher education at UM.

WASHINGTON–Bank-Fund Staff Federal Credit Union (BFSFCU) has returned more $5 million in cash back to members buying and selling homes through the HomeAdvantage program from Scottsdale, Ariz.-based CU Realty Services.

LAWRENCEVILLE, Ga.–Peach State FCU has pledged $50,000 to the J.M. Tull-Gwinnett Family YMCA to create the Peach State Federal Credit Union Academic Achievement Exploration Room.

MOHEGAN LAKES, N.Y.– Hudson River Financial FCU members, staff and community partners came together to collect and donate 1,486 pounds of Halloween candy to Soldiers’ Angels for their annual Treats for Troops donation drive.