WASHINGTON—In what will come as little surprise to credit unions, a new report shows mobile banking use surged in 2021.
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NEW YORK—In an announcement that will surprise few, if anyone, within credit unions, a new study has found young consumers are turning to mobile payment apps over traditional payment methods.
WASHINGTON—The Treasury Department has delivered a framework on cryptocurrencies for American government agencies to work with their international counterparts.
WINSTON-SALEM, N.C.– Truliant FCU said it is partnering with personal finance expert Chris Browning on a new personal finance web series.
WASHINGTON—The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on combating the financing of terrorism (CFT) and anti-money laundering (AML).
WASHINGTON–Although another inflation record was set in June, two CUNA economists say it’s certain a Fed rate increase lies ahead, and also agree there is some potential good news ahead in the wake of the latest Labor Department’s June Consumer Index report.
WASHINGTON —During a congressional hearing here, a bank trade group called on Congress to apply the Community Reinvestment Act (CRA) to credit unions.
WASHINGTON—NAFCU’s board and some of its staff met with CFPB Director Rohit Chopra to discuss several credit union related topics and share the industry’s thoughts on several of CFPB’s rulemakings.
WASHINGTON—Sharing concerns over the growing role that fintechs play in the financial services market and their associated risks, NAFCU has sent a letter to the House Small Business Subcommittee on Oversight, Investigations, and Regulations prior to its hearing on Fintech and Transparency in Small Business Lending.
GREENBELT, Md.–Chris Conway, president/CEO of Educational Systems FCU, has announced plans to retire in early 2023. A successor has been named.