SEATTLE–BECU is reporting robust membership and asset growth during 2021, including returning more than $322 million to members through better rates and fees when compared to banks.
Fresh Today
ALBANY, N.Y.—The New York Department of Financial Services has issued a Guidance on Use of Blockchain Analytics, a document directed to all virtual currency business entities that either have a NYDFS Bitlicense or are chartered as a limited purpose trust company under the New York Banking Law.
REDONDO BEACH, Calif. –South Bay Credit Union said it has entered into a partnership with E3 Vehicles to provide auto lending terms for electric micro-mobility vehicles, which offer drivers an alternative to gas-powered transportation while traveling in their communities.
RAPID CITY, S.D.–Three credit union leaders in the Dakotas have been honored for outstanding individual achievements.
HENDERSON, Nev.– CUNA Mutual Group has made what is being called a “significant contribution” to CU Pride, a formalized network for all LGBTQ+ professionals, members and allies within the credit union community.
CUPERTINO, Calif.—The Apple Cash virtual debit card appears to be switching networks from Discover to Visa, as revealed in some updated images on Apple's website, MacRumors is reporting.
3 CU-Related Bills Head to Markup in House Today, Including 1 Giving NCUA Oversight of Third Parties
WASHINGTON–Three bills of strong interest to credit unions are on the agenda for markup by the House Financial Services Committee, one of which “poses a costly threat to the credit union industry,” according to NAFC
WASHINGTON–It will be a busy day for politics today with five states conducting primaries in which credit unions and their political action committees have invested more than $169,000 on 31 candidates.
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has published a report examining mortgage servicers’ responses to the COVID-19 pandemic, which it said reveals homeowners continue to face significant risks and challenges connected to working with their mortgage servicers.
WASHINGTON–Former Federal Reserve Chairman Ben Bernanke, who headed the central bank during the 2008 financial crisis, is now warning that the United States is headed for a situation similar to that of the 1970s, when Americans were losing their jobs but still facing higher prices at the grocery store and at the pump.