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.
Fresh Today
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.
WASHINGTON—The House and Senate Armed Services Committees have released the “compromised” version of the National Defense Authorization Act (NDAA), and the final legislation does not include several credit union-opposed provisions.
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.6 points in November to 57.3, its first increase in nine months—though it remains just above the all-time low set last month and significantly lower than its level at this time last year.
ALBANY, N.Y.– Broadview FCU is reporting it has raised more than $200,000 to purchase and wrap gifts that will be donated to more than 95 nonprofit organizations in the New York’s Capital Region, as well as Buffalo, Binghamton, and Syracuse. Those groups will then distribute them to more than 6,500 individuals in need, the CU said.
WASHINGTON–A newly released analysis offers an updated look at market share among credit union core processors.
NEWARK, N.J.–Newark Board of Education Employees Credit Union has expanded its field of membership and is changing its name and branding.