Fresh Today

METAIRIE, La.–New Orleans Firemen’s FCU (NOFFCU) has been approved by NCUA to addfive underserved areas comprising a total of 518 census tracts to its field of membership (FOM).

ST. PETERSBURG, Fla.–PSCU is reporting that three of its current owner credit unions in the Northeast have expanded their partnerships with the CUSO.

AGOUA HILLS, Calif.—Debit and credit card transactions continue to lead the way in payments transactions over digital payments alternatives, according to recent research published by J.D. Power.

TEMPE, Ariz.–Landings Credit Union said it is partnering with My First Nest Egg, anew digital financial literacy system that gamifies healthy financial habits for kids ages 3-12.

PLANO, Texas — After piloting the solution with seven credit unions, Cornerstone Resources and the Cornerstone Foundation, both affiliates of the Cornerstone CU League, said they have entered into partnership with Credit Mountain, a fintech that offers what it said is a “groundbreaking technology “to provide consumers with personalized credit-improvement plans through a mobile app.

WASHINGTON—Bank of America has been hit with $225 million in fines for what one regulator called the “botching” of the disbursement of state unemployment benefits at the height of the pandemic.

NEW YORK— Circle, a blockchain-focused financial services and payments company launched in 2013, has entered into a partnership with New York Community Bank with an aim of making blockchain solutions and cryptocurrencies more inclusive.

WASHINGTON–By a 329-101 vote, the House has  passed the FY23 National Defense Authorization Act (NDAA) with a number of credit union supported provisions as amendments.

WASHINGTON–Many analysts have been forecasting a 75-basis-point increase in the Fed Funds rate when the Federal Open Markets Committee meets July 26-27, but now the markets are predicting it could be a full percentage point increase.

LACEY, Wash.–Two billion-dollar-plus credit unions in the Pacific Northwest have announced plans to merge.