NEW YORK–Credit unions are getting some national attention for their rates on auto loans.
Fresh Today
WASHINGTON—NAFCU is urging the Small Business Administration (SBA) to “safeguard the 7(a) Loan Program by rescinding or pausing this rulemaking until its impact in relation to Small Business Lending Companies (SBLCs) is better understood.”
ARLINGTON, Va.—New home sales rose 1.3% in November to 640,000 annualized units but were 15.3% lower than one year ago. October’s sales were also revised down 8,000 units, reported NAFCU, citing U.S. Census Bureau data.
IRVINE, Calif.– Origence is reporting it was able to partner with financial services provider and investment banking advisor Stifel to assist Oregon Community Credit Union in a $275-million auto securitization deal.
BISMARCK, N.D.–Credit unions across the Dakotas are joining forces in a friendly “border battle” food drive competition between North and South Dakota credit unions.
SAN FRANCISCO—Wells Fargo has launched a new digital banking platform for its corporate investment and commercial banking clients.
LONDON–Although global crypto prices and the global crypto market cap have both seen big slumps in 2022, it doesn’t mark the most difficult times the industry has seen, according to a new analysis.
PURCHASE, N.Y.—Marqeta said has integrated with Mastercard Track Instant Pay to enable instant payment of supplier invoices.
LONDON-The U.K.’s Financial Conduct Authority (FCA) has fined Metro Bank £10 million for breaching the listing rules by publishing incorrect information to investor.
LOS ANGELES–Indicative of just how quickly markets can change is the number of credit unions looking for deposits this holiday season versus one year ago.