LAKE MARY, Fla.–Saying it is seeking to help young members take charge of their finances, Addition Financial has launched a Tik Tok account.
Fresh Today
WASHINGTON–In the fourth quarter of 2020, nearly one-fourth of adults said they were worse off financially compared to a year earlier, reflecting the economic fallout and distress resulting from the global COVID-19 pandemic, according to a new report from the Federal Reserve.
MIDDLETON, Wis. – The American Credit Union Mortgage Association said it plans to reconvene for its annual conference in-person in September.
NEW ORLEANS –The Southeast Credit Union Management School (SRCUS) and 10 state organizations said they will launch and host the “Super-Size Symposium” to be held Aug. 4 in New Orleans. The event is for CUs of more than $500 million in assets.
LONDON–The Association of British Credit Unions has taken over the running of the PrizeSaver program, launched by the U.K. government in 2019 to encourage people to save at their credit union.
WASHINGTON– The Federal Deposit Insurance Corporation (FDIC) has published its 2021 Risk Review, a comprehensive summary of emerging risks in the U.S. banking system.
BUFFALO, N.Y.–A man has pleaded guilty here to his role in the robbery of three different credit union robberies.
WASHINGTON–A discussion draft of legislation that would provide NCUA with third party oversight authority is being circulated in the House of Representative, CUToday.info has learned.
WASHINGTON–The American Bankers Association has sent a letter to congressional leadership arguing the recent acquisition of a $1.6-billion “taxpaying” bank by VyStar Credit Union is new evidence of a “troubling trend” and a “bad deal for taxpayers,” as well as a growing risk as CU regulatory standards “simply don’t measure up.”
WASHINGTON–In a twist, two bank trade groups are calling on the FDIC to reject the acquisition of a bank by a credit union, arguing the deal would “cut regulatory safeguards for low- and moderate-income consumers.”