DEXTER, Maine–Maine Highlands FCU has named a new president effective in January. With the new year, the $184.6-million MHFCU said it has selected Maria Wooten to fill the role. Wooten is currently EVP.
Fresh Today
WASHINGTON–For the first time in history, the signatures of two women are appearing on U.S. currency.
SUPERIOR, Wis.–Members of the $102-million Hayward Community Credit Union have voted in favor of merging into the $642-million Superior Choice Credit Union.
DAKAR, Senegal—The World Council of Credit Unions’ (WOCCU) Technology and Innovation for Financial Inclusion (TIFI) Project here welcomed WOCCU President and CEO Elissa McCarter LaBorde for a series of workshops on growing SME lending, digitalization and gender lens investing in West African credit unions.
WASHINGTON—The Small Business Administration (SBA) Reauthorization Act as been introduced by Sen. Ben Cardin (D-MD), with a goal of improving and modernizing existing SBA programs as well as implementing new programs focused on underserved areas.
TAMPA, Fla.–GTE Financial Credit Union is fulfilling the holiday wish lists of eight member families through its Make Hope Real initiative for the ninth consecutive year.
CUPERTINO, Calif.—With traditional credit unions and banks already wary of its ever-expanding presence, a new report says Apple is well-positioned to play an even larger role in the financial services market with its growing payments ecosystem.
WASHINGTON—The FTC is reporting it has temporarily shut down a credit card debt relief scheme operated by Sean Austin, John Steven Huffman, and John Preston Thompson and their affiliated companies, whichallegedly defrauded people of millions of dollars by falsely promising to eliminate or substantially reduce their credit card debt.
DUBLIN, Ireland—The global fintech market size reached $131.14 billion in 2021, according to a new report.
ALEXANDRIA, Va.–Total assets in federally insured credit unions was up more than 5% and total loans were up nearly 20% in the year ending with the third quarter, but overall net income was down 14% and membership declined in every asset category below $1 billion, according to new NCUA data.