NEW YORK— The stereotype of the cryptocurrency owner is of a high-earning white male, but new research finds that other demographics — particularly minorities — are also turning to Bitcoin and other cryptocurrencies.
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WASHINGTON—Mission-driven Community Development Financial Institution (CDFIs) and Minority Depository Institutions (MDIs) have transformative potential, HOPE CEO Bill Bynum told members of the House Financial Services Committee this week.
WASHINGTON—Total retail sales rose by 3.8% in January, following a decline of 2.5% in December and a 0.7% increase in November.
MADISON, Wis.—The World Council of Credit Unions has named three keynoters for its upcoming 2022 World Credit Union Conference, scheduled for July 17–20 July in Glasgow, Scotland.
WASHINGTON—Concerns over the CFPB’s proposed rule under section 1071, as well as support for legislation to provide member business cap lending relief for credit unions have been expressed in a letter from NAFCU to the House Financial Services Subcommittee on Consumer Protections and Financial Institutions.
LOWELL, Mass.–Two Massachusetts CUs are seeking to merge and to create what would be a billion-dollar credit union.
MADISON, Wis. – Twenty-three people who are being called the “most innovative leaders” in credit unions have been selected to be part of the newest cohort of the Filene i3 Program.
SNELLVILLE, Ga.–The African America Credit Union Coalition will host the first webinar in its 2022 Commitment to Change Conversation Series on today at 1 p.m. ET.
PALM COAST, Fla.–CUToday.info has heard its readers loud and clear!
LONDON–– A new initiative in the United Kingdom is urging a first-of-its-kind collaboration between central banks, regulators, commercial banks and other financial institutions towards the exploration of a retail central bank digital currency (CBDC) in the country.