WASHINGTON–Ideally, stronger consumer spending in the fourth quarter will help offset disappointing numbers for U.S. economic growth during the third quarter, one economist with CUNA is saying following the release of the new data.
Fresh Today
IRVINE, Calif.–Credit unions have an opportunity to fill the role once filled by libraries to become true community development organizations, which will benefit everyone involved, according to one person.
WASHINGTON—NCUA needs to conduct a broader evaluation of proposed amendments to its 2020 Subordinated Debt Rule, CUNA, NAFCU and Inclusiv have told the agency in a joint letter.
WASHINGTON—Credit unions, other financial service providers, consumer groups, Congress and others have now gotten their first insights into the priorities of new CFPB Director Rohit Chopra, who testified twice before Congress this week.
ALEXANDRIA, Va.—Without action from NCUA, credit unions will fall behind when it comes to their ability to purchase digital assets, CUNA wrote in a letter to the agency in response to its Request for Information on digital assets and related technologies.
LANHAM, Md. — The $410-million FedChoice Federal Credit Union has named a new president/CEO to succeed David Bunch, who is retiring.
BAKERSFIELD, Calif.—Following a $2 million gift from Valley Strong Credit Union to the Bakersfield College Foundation, the Kern Community College District Board of Trustees voted to approve the naming of the college’s community education efforts linked to the college’s Energy Technology, Transfer and Workforce Development initiative as the Valley Strong Energy Institute.
SAN FRANCISCO–The co-founder and CEO of Twitter is predicting inflation is going to soar way be beyond what many are predicting.
NEW YORK—More than ever, consumers’ use of automated payments to manage their subscriptions is gaining ground, a new study shows.
NEW HAVEN, Conn.—Suretys, a digital insurance provider that offers a solution to replace the need for a cosigner for auto sales and leases, is reporting it will utilize $2 million in seed funding from Victorum Capital and other investors for market expansion, new product development, and team strengthening.