ALEXANDRIA, Va. –The number of federally insured credit unions in the United States has now fallen below 5,000.
Fresh Today
WASHINGTON–Both the House and Senate are back in session this week, but no votes are expected on two of the biggest pieces of legislation credit unions are watching, the Build Back Better Act and the National Defense Authorization Act.
WASHINGTON–Even with concerns around the new omicron COVID variant, CUNA said it continues to move forward with plans for its 2022 Governmental Affairs Conference (GAC) in Washington, and has announced another keynote speaker for the event, scheduled for Feb. 26-March 3.
PEARL HARBOR, Hawaii—Eighty years ago today a credit union leader was killed attempting to save the CU’s records during the attack on Pearl Harbor.
WASHINGTON–An announcement by the CFPB that it will be taking a stronger stance on overdraft and non-sufficient funds (NSF) programs at financial institutions is being hailed by one consumer group.
ARLINGTON, Va.–A new report from NAFCU that was shared with Federal Reserve Board Governor Michelle Bowman during a meeting seeks to not just show the “growing role” of credit unions in their communities but also to differentiate credit unions from banks.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is reporting it has added a new tool to its expanding suite of COOPER-branded machine learning fraud detection and prevention solutions.
MADISON, Wis.–Seven credit unions have been chosen by the National Credit Union Foundation as recipients of a $100,000 grant to support smaller credit unions seeking to understand the roles culture, race and ethnicity play in financial well-being.
WASHINGTON—A new partnership between the Federal Reserve System and the innovation arm of the Bank for International Settlements (BIS) aimed at responding to changes in technology has been announced by Fed Chairman Jerome Powell.
SAN FRANCISCO—Payments firm Square is rebranding to Block.
