MADISON, Wis.–In partnership with United Way, UW Credit Union is awarding 27 organizations located throughout the greater Milwaukee and Madison areas with racial equity program grants totaling $1.5 million.
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LONG ISLAND CITY, N.Y.–United Nations FCU is reporting it attained seven out of the eight goals it set for itself with its inaugural five-year Sustainability Action Plan, while also announcing a new set of goals for the next five years.
NEW YORK–New York City’s credit unions are now just one month away from a new law on the use of biometric data.
DUBLIN–A Social Return on Investment study commissioned by one credit union here has found that for every euro equivalent invested, €10 of social value was created.
NEW YORK—Hefty banking fees are hurting low-income households, especially families of color, according to one new report.
DALLAS–Dave, a banking fintech that takes aim at overdraft fees and in which Mark Cuban is a principal investor, is going public.
NEW YORK–Comcast has announced it will invest $10 million with Inclusiv’s Racial Equity and Resilience Fund as part of an initiative aimed at building equity in credit unions led by and/or serving people of color.
ARLINGTON, Va.—Total consumer credit rose 5.3%, at a seasonally-adjusted, annualized rate, in April and is up 2.4% versus a year ago. Revolving credit, which is primarily credit cards, fell 2.4% during the month and is down 5.5% compared to April 2020.
LAWRENCEVILLE, Ga.— The national shortage of new and used vehicles led to another record value-retention month, according to Black Book.
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) remained relatively flat in May, increasing by 1.0 points to 80.0—reflecting greater consumer pessimism in the home buying market, Fannie Mae said.