WASHINGTON—One in five adults between 18 and 24 with a credit file in the U.S. currently have debt in collections, a new report shows.
Fresh Today
ALEXANDRIA, Va.– NCUA has named the director of its new Office of Financial Technology and Access.
FT. WAYNE, Ind.–Public Service Credit Union here once again has supported one of the more unique holiday traditions by a CU.
DENVER–Credit Union of Colorado has named a new president and CEO.
ARLINGTON, Va.—NAFCU has outlined its advocacy priorities for 2023.
SNELLVILLE, Ga.–The African-American Credit Union Coalition will host a webinar titled, “Committing to Self and the Organization” on Jan. 20 from 1-2 p.m. The webinar is part of AACUC’s “Commitment to Change Conversation” series.
LINCOLN, Neb.–State banking officials and the Nebraska Attorney General’s Office have frozen the accounts of a financial adviser who allegedly hit both banks and credit unions, representing one of the state’s largest cases of fraud.
SINGAPORE—Citigroup is winding down its consumer banking business in China in a move that will affect about 1,200 local employees, Reuters reported, citing a release from the bank.
ABU DHABI, UAE—The Central Bank of the United Arab Emirates (CBUAE) has announced a plan to launch an Instant Payment Platform (IPP) in 2023 to facilitate financial transactions.
PASADENA, Calif.– Credit unions across the country continue to announce bonus dividends and loan-interest rebates, bringing to more than $133 million the amount reported by CUToday.info to date as being returned to members at year-end 2022.