WASHINGTON–Credit unions across the country may wish to warn their members over potentially problematic financing being offered by auto repair shops, according to a new report.
Fresh Today
NEW YORK–The nation’s big money center banks are feeling more pressure to stop supporting fossil fuels.
HAMPSHIRE, U.K.– The value of digital wallets transactions will exceed $12 trillion in 2026, from $7.5 trillion in 2022, according to a new study from Juniper Research.
Interest Rate Increases to Cost Consumers $3B in Extra Card Interest; Plus, What Worries Cardholders
WASHINGTON–Already worried about inflation and higher costs for everyday goods, Federal Reserve rate increases will cost Americans more than $3 billion in interest on credit cards this year, according to a new analysis.
NASHVILLE—The state of Tennessee is looking for a contractor to hold cryptocurrencies on its behalf.
SAN FRANCISCO—PayPal has announced plans to change the fees related to its Instant Transfer offerings for U.S. consumers and merchants on PayPal and Venmo.
WASHINGTON—A dozen senators led by Senator Brian Schatz (D-HI) have introduced legislation in the Senate Banking, Housing and Urban Affairs Committee that would create a new $2-billion emergency fund for community development financial institutions (CDFIs).
WASHINGTON—The House has passed H.R. 5911, the Fair Hiring in Banking Act, by a 329-88 vote. The legislation is supported by both CUNA and NAFCU.
ALEXANDRIA, Va.–NCUA is joining with the Community Development Financial Institutions (CDFI) Fund to co-host a webinar on resources for community development investments being sought by credit unions.
OLYMPIA, Wash.–Washington State Employees Credit Union has announced an expanded partnership with the state of Washington and its park system.