DEARBORN. Mich.–Two credit unions have named new presidents/CEOs.
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PLANO, Texas–The Cornerstone Credit Union League has named the winner of its 2022 Small Credit Union Achiever Award as well as inducted one person into its Hall of Fame.
NEW ORLEANS–Credit unions across Louisiana provide citizens the best value for personal financial services according to latest economics and statistic reports, delivering an estimated $169 million in benefits among 1.3 million members in the state during 2021.
SACRAMENTO, Calif.– The 12th Annual Credit Union SacTown Run raised more than $183,000 for 11 local Children’s Miracle Network Hospitals (CMN) across California and Nevada.
PHILADELPHIA–New research by The Pew Charitable Trusts has found consumers in four states—Colorado, Hawaii, Ohio, and Virginia— have saved hundreds of millions of dollars in fees while keeping access to credit due to comprehensive reform of payday lending laws in those states.
OXNARD, Calif.–CBC FCU has converted from a community charter to a multiple common bond charter, allowing for the addition of four underserved areas representing four-million people to its field of membership.
BRASILIA, Brazil–Cardholders in one country will want to do all they can to avoid carrying a balance. According to one new report, the average interest rate Brazilian credit card issuers charge on unpaid balances is a shocking 346.3%.
BROOKFIELD, Wis.–Fiserv said it has entered into an agreement with Finicity, a Mastercard company, to advance the future of open finance through secure data sharing.
WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) are highlighting three teams of experts in a “Tech Sprint” to help measure the effectiveness of digital identity proofing—the process used to collect, validate, and verify information about a person.
BEIJING—China's top anti-corruption agency has vowed to be vigilant toward virtual currency mining in order to achieve carbon neutrality.
Crypto mining is the process by which new units of digital currency are created and is highly power intensive.