MADISON, Wis.–The World Council of Credit Unions (WOCCU) and the Regional Credit Union Center (RCUC) for Central and Eastern Europe will host a webinar titled “Help for Ukraine” today. The webinar will begin at 9 a.m. E.T.
Fresh Today
OAKLAND, Calif.–Apple has partnered with Oakland-based fintech company CNote to invest $25 million into underserved communities of color, and it is turning in part to credit unions to do that.
WASHINGTON–At the request of the Federal Trade Commission, a federal court has temporarily halted a bogus credit repair scheme known as “The Credit Game” for promoting a “series of lies and deceptions.”
LANSING, Mich.–A driver for Brinks has been charged with stealing more than $1 million from several credit unions and banks in central Michigan by smuggling cash in his lunch box.
BALTIMORE–Think|Stack, a managed services CUSO that offers cybersecurity and cloud solutions, said it has acquired Emergifi, a technology solutions CUSO that focuses on small- to-mid-size credit unions.
LONDON—The U.K.’s crypto industry is counting on the nation’s forthcoming stablecoin regulations to clear up “gray areas” for issuers.
ARLINGTON, Va.–NCUA should immediately raise the permissible interest rate ceiling to mitigate unnecessary interest rate risks facing federal credit unions, NAFCU told the agency in a letter.
WASHINGTON–Two senators are raising concerns following an announcement by Fidelity that it will allow customers to allocate bitcoin to their 401(k) retirement accounts.
AUSTIN, Texas–Amplify Credit Union is reporting it sold $300-million in loan participations in the first quarter, a new record for the credit union. It is predicting it will double the volume in Q2.
CHICAGO–As inflation continues to rise,non-prime borrowers – those consumers with the riskiest credit profiles – have generally experienced the greatest impact to their wallets, according to a new study.