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SAN DIEGO–An Underground Collision meeting was held here that for the first time focused on CU business partners and, specifically, CUSOs.  According to Mitchell Stankovic, which organizes and hosts the Underground Collision discussions, the meeting walked the fine line between challenges and opportunities for CUSOs and credit unions.

WASHINGTON—The percentage of small businesses with employees applying for financing from credit unions was flat, according to the latest Small Business Credit Survey — a joint effort by the 12 regional Federal Reserve Banks.

GLASTONBURY, Conn.—Credit unions often express fear over the threat from artificial intelligence, but one person says the wealth of data credit unions have on their members will make CUs stronger competitors to big banks and fintechs in the coming years.

WASHINGTON—The Federal Reserve is holding a webinar Tuesday on synthetic identity payments fraud, after reporting a similar webinar in the Fall of 2018 was “standing room only.” It has now expanded the event to one hour.

BRAINTREE, Mass.–Noting that Liberty is often associated with independence, something most people don’t need to contemplate on a daily basis, staff of Liberty Bay Credit Union recently witnessed the challenges faced by those with intellectual and developmental disabilities, as well as the work done by an organization that enables individuals regain these liberties.

ARLINGTON, Va.—Despite rebounding economic data, NAFCU’s Credit Union Sentiment Index (CUSI) fell for the third straight month in April, as three of its four components declined from the previous month. The sharpest decrease was in the lending score, which fell to the lowest level in its nearly two-year history.

RANCHO CUCAMONGA,Calif. – With the impact still being felt from last month’s devastating flooding in at least four Midwest states, CO-OP Financial Services has donated $10,000 to the American Red Cross towards disaster relief in the region.