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NEW YORK–Just like credit unions, the nation’s banks are paying higher rates as they chase deposits. Moreover, borrowing in the federal-funds market hit $120 billion on Jan. 27, the highest one-day total in Federal Reserve data going back to 2016, according to the Wall Street Journal.

MUSCLE SHOALS, Ala.—The $1.3-billion Listerhill Credit Union said it has selected the Digital Customer Service (DCS) solution from Glia to here to “streamline” its online member service.

RANCHO CUCAMONGA, Calif. – Co-op Solutions has introduced its “Strategic Provider Program,” which it said will give credit unions access to “pre-vetted, best-in-class products and services outside of Co-op’s core offerings, while also helping to streamline their procurement processes.”

BARTOW, Fla. —A member of MidFlorida Credit Union has filed a lawsuit alleging she was injured as a result of “banking while Black.”

WASHINGTON—NAFCU has a message to lawmakers on Capitol Hill it said is meant to “set the record straight on credit unions and the credit union difference,” after a banking group made taxing credit unions one of its priorities for the 118th Congress, adding that “it is unfortunate” that this continues to occur.

IRVINE, Calif.­– Origence Lending Services, a division of Origence, is reporting it saw record results for 2022, capping an 83% increase over 2021 and a 266% increase in loans funded over 2020.