LONDON — British financial technology firm Wise has debuted an investments feature that allows users to invest in stocks through multiple currencies and spend their holdings.
Fresh Today
MADISON, Wis.–The World Council of Credit Unions is hosting a webinar today titled “A Virtual Global Financial Symposium: Preparing Credit Unions for 2022.” It begins at 8 a.m. ET.
CHARLOTTE, N.C.—Bank of America’s fight against financial technology challengers appears to be making headway, at least with its entry-level checking account, according to one analysis.
MADISON, Wis.–Lucy Ito, Roger Heacock and the Faith Based Credit Union Alliance have been selected by the National Credit Union Foundation as the newest winners of the highest honor in U.S. credit unions, the Herb Wegner Memorial Awards.
WASHINGTON–While the banking industry’s trade groups have consistently criticized mergers within credit unions and the asset size of the resulting institutions, a new analysis by the Wall Street Journal found that bank mergers “are on track to hit their highest level since the financial crisis.”
VIENNA, Va.—The nation’s largest credit union, Navy FCU, is requiring its staff to either receive a COVID-19 vaccine or undergo regular testing.
ANAHEIM HILLS, Calif.–Saying it is seeking to celebrate the 73rd anniversary of International Credit Union Day on Oct. 21, Credit Union of Southern California (CU SoCal) plans to give away a total of $5,000 to select members and non-CU SoCal Members who share stories of how a credit union helped them build a better tomorrow.
WASHINGTON–The U.S. Department of the Treasury and the CDFI Fund, as part of what it said is its continuing effort to reduce paperwork and respondent burden, are soliciting comments concerning the Small Dollar Loan Program (SDL Program) Application (Application).
WASHINGTON–Funds from the Paycheck Protection Program (PPP), which were supposed to provide support to mom-and-pop companies that otherwise didn’t have any easily available financial lifelines during the first year of the pandemic, also went to publicly traded companies that had access to other funds and in many cases didn’t need the money, according to a new analysis.
BURBANK, Calif.–Partners Federal Credit Union has named a new president and CEO.