LOS ANGELES–California Credit Union is partnering with the Worldwide Foundation for Credit Unions to raise “urgently needed” aid for Ukraine by offering a $100,000 donation match for the organization’s Ukrainian Credit Union Displacement Fund.
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TULSA, Okla.–Tulsa FCU has changed its name to WeStreet Credit Union, unveiling new branding and more as part of the initiative.
IRVINE, Calif.–SchoolsFirst FCU has pledged $480,000 to the University of California, Irvine School of Education. The funding will help support new strategies for future learners in a “post-pandemic classroom,” according to the credit union.
LAKEWOOD, Colo.–Data Analytics CUSO Aux is has released a new digital banking feature in Cuery, its data analytics solution for credit unions under $1 billion in assets, that displays which members use the credit union’s online banking system and on which platforms, providing “valuable insight into member experience, device usage, and member activity.”
PHOENIX—The $2.8-billion Arizona FCU here has agreed to buy the $539-million Horizon Community Bank headquartered in Lake Havasu City, Ariz.
CHICAGO– The ongoing growth in e-commerce is likely behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to TransUnion’s 2022 Global Digital Fraud Trends Report, which also includes details on several types of fraud that could affect credit unions and their members.
DENVER–A bill introduced in the Colorado House threatens to “widen an existing rift between banks and credit unions in this state,” according to a new report.
WASHINGTON—The Federal Reserve has launched its FedNow service provider showcase, a tool that it says highlights how firms can help financial institutions implement real-time payments using FedNow.
FIFE LAKE, Mich.–Forest Area FCU has selected theAI-powered credit decision platform from Scienaptic AI, saying the solution will provide it with faster credit decisioning.
ENGLEWOOD, Colo.—The U.S. Payments Forum announced its 2022 Steering Committee and officers.