RANCHO CUCAMONGA, Calif.–Co-op Solutions is reporting that the company and its credit union partners raised nearly $30,000 for charity by donating the proceeds from its 2022 Presidents Cup Golf Tournament sponsorship and reactivating its #shadesupFOREkids social media initiative.
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MADISON, Wis.–The National Credit Union Foundation said it is currently seeking candidates for its board. Four seats have terms expiring at the end of 2022.
LAS VEGAS–Members of Las Vegas UP Employees FCU have voted in favor of merging into WestStar Credit Union.
TIGARD, Ore.–The GoWest Credit Union Association is reporting it has seen results after more than two-dozen of its representatives participated in its fall Hike the Hill. According to the association, the Hike featured the unique component of being the first GoWest Hike experience for young professionals (YPs).
WASHINGTON—CUNA wrote House leadership sharing its support for the Credit Union Board Modernization Act (H.R. 6889), which is scheduled for floor consideration this week.
MADISON, Wis.—The World Council of Credit Unions is praising proposals by the International Accounting Standards Board (IASB) of the IFRS Foundation to update the IFRS for SMEs Accounting Standard.
MEMPHIS, Tenn.—Strategic Resource Management (SRM), an independent advisory firm serving financial institutions and other industries, said it has acquired Boston-based Sievewright & Associates.
NEW YORK–Banking will be centered around the smartphone by 2030 as all countries become functionally cashless, according to a new analysis from GlobalData.
WASHINGTON—NCUA’s proposed rule establishing a 72-hour period for credit unions to provide notice of a reportable cyber incident would likely add more administrative burden to credit unions, NAFCU is saying.
DALLAS–A new analysis has found that auto loans originated in 2021 and 2022 are starting to show higher delinquency rates relative to loans originated in previous years, even when compared to loans unaffected by pandemic-related stimulus payments.