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DENVER—Supporting local school systems has been such a large part of one CU’s community relations efforts that it is willing to pay members $58.20 for each new account they open—for life.

WASHINGTON–The market indicators that are intended to support the soon-to-be-replaced interest-rate benchmark LIBOR have been announced by a Federal Reserve working group.

TORONTO–It won’t come as a surprise to many in credit unions that due to the lockdowns people across North America have been pouring money into home improvement projects. Now, new research offers additional insights into where at home many CU members have been focused.

GRAND BLANC, Mich. –ELGA Credit Union (ELGA) celebrated the grand opening and ribboncutting of its 14^th branch location.

SAN FRANCISCO–The rapidly growing fintech Chime has been ordered to stop using the word “bank” when describing itself and its services.’

MADISON, Wis.––The World Council of Credit Unions said it will host a webinar in June titled “Sharing Digitization Strategies Among Credit Unions & Cooperative Banks.”

WASHINGTON–CUNA has told the CFPB it supports the Bureau’s Regulation X amendments regarding streamlined modifications, but said it also “strongly objects” to a proposed moratorium on foreclosures until 2022.