RANCHO CUCAMONGA, California – CO-OP Financial Services has launched its solutions and technology roadmap for 2022, which it said addresses the “fast-changing consumer preferences for digital technologies that accelerated in the wake of the pandemic.
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NAPERVILLE, Ill.--In celebration of 10 years of service, Alloya Corporate Federal Credit Union announced its “10 for 10 for 10" charitable donation program.
WASHINGTON–A review of $1.5 billion in losses to the National Credit Union Share Insurance Fund from 2010-20 by the General Accounting Office has found opportunities for NCUA to “enhance its oversight.”
ARLINGTON, Va.–NAFCU has sent a pair of letter to Congress in opposition to two proposals included in the House’s Budget Resolution package, the Build Back Better Act: a provision related to IRS reporting requirements and a provision that would give the Small Business Administrations’ (SBA) authority to make direct loans.
NEW YORK—A third of U.S. consumers who used buy now, pay later services have fallen behind on one or more payments, and 72% of those said their credit score declined, a new Credit Karma study has revealed.
STOCKTON, Calif.–Members of FinancialCenter Credit Union have voted in favor of merging into Valley Strong Credit Union in Bakersfield, with the CEO of one of the CUs—which has 16% capital–issuing a statement on why it felt it couldn’t “go it alone.”
SAN JOSE, Calif.—PayPal is launching a “super app” that it says that offers consumers an all-in-one platform to manage personal finances, including early-access direct deposit, high-yield savings, shopping tools, bill payments, rewards and more.
WASHINGTON–A new report from the Tax Foundation claims the elimination of the credit union tax exemption would “support sound tax policy” and suggests CUs no longer resemble the institutions granted that exemption in the 1934 Federal Credit Union Act.
ARLINGTON, Va.–NAFCU is calling the latest attack on credit unions by the banking industry is nothing more than attempt to deflect attention away from the huge tax benefits it continues to receive.
WASHINGTON—As part of a government-wide effort to counter ransomware, the U.S. Department of the Treasury has announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms.