NEW YORK–Morgan Stanley has markedly cut its U.S. housing market outlook, stating it now sees the house value correction continuing through 2023.
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WASHINGTON–CUNA and Inclusiv have joined with other community development organizations in a letter to Treasury’s CDFI Fund urging it to simplify its reporting requirements.
ALEXANDRIA, Va.– Another federal credit union charter—the fourth of the year—has been granted by NCUA, along with NCUSIF insurance. The newest CU in the country is now The Morning Star Federal Credit Union in Lame Deer, Mont. Plans are to commence operations in 2023.
SOUTH BEND, Ind.––Teachers Credit Union (TCU) is reporting it has awarded the majority of its nearly 800 employees a $2,000, one-time “Inflation Fighter” profit sharing bonus.
BOSTON–Rent delinquency rates among small businesses have risen for a second month in a row and have set a new 2022 record, with 41% of those business owners saying they could not pay their November rent in f
JERSEY CITY, N.J.–The cascade of FTX-related failures in the crypto lending space continues.
WASHINGTON—The CFPB has raised the ceiling for allowable charges under the Fair Credit Reporting Act (FCRA) in 2023.
ALEXANDRIA, Va.– NCUA has released updated versions of its Credit Union Locator and Research a Credit Union web applications.
ST. PETERSBURG, Fla.— PSCU said it is expanding its Enhanced Fraud Services offering, enabling credit unions to “choose which service level option best fits their fraud and risk mitigation needs.”
KATHMANDU, Nepal– The Nepal Federation of Savings and Credit Cooperatives (NEFSCUN) is working with a local software developer to build a multi-tenant, cloud-based enterprise resource planning (ERP) system that will allow member credit unions to automate and manage their core business processes, according to the World Council of Credit Unions (WOCCU).