DUBLIN, Ireland–Ireland’s Credit Union Development Association and Initiative Ireland have received approval from the Central Bank for a planned €600 million fund provided by participating credit unions to lend to Approved Housing Bodies.
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PALO ALTO, Calif.— The fintech Point has raised a $46.5 million Series B funding round.
ALEXANDRIA, Va.—The NCUA board will meet on Thursday with its proposed rule on subordinated debt on the agenda.
WASHINGTON—Both credit union trade groups are pushing back on a proposal to give the Small Business Administration (SBA) direct lending authority in competition with CUs and other lenders.
WASHINGTON– The Consumer Financial Protection Bureau has released a report that offers a warning millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
WASHINGTON–Forty-five credit unions are among the 191 organizations that have been granted awards totaling $24.1 million from the Treasury Department’s Community Development Financial Institutions Fund. Nearly all of the awards are for $125,000.
ST. PETERSBURG, Fla.–A new payments analysis released by PSCU reveals the ongoing effects of the Delta variant and related economic uncertainty, even as its member CUs are seeing increased spending by members.
NEW YORK–Inclusiv is reporting Mercy Investment Services, which is overseen by the Sisters of Mercy, has made an investment in the Inclusiv Racial Equity Investment Fund.
WASHINGTON—Marshall Boutwell, President and CEO of Georgia-based Peach State FCU, has received the highest award Poland gives to non-citizens for his support of the country’s credit union movement during a ceremony at the Polish Embassy.
SALT LAKE CITY, Utah – The fintech CUSO Prodigy is partnering with OMNICOMMANDER.