SACRAMENTO, Calif.–The annual Credit Union SacTown Run, held virtually this year due to ongoing COVID-19 pandemic concerns, raised $200,050 for 11 Children’s Miracle Network hospitals in California and Nevada.
Fresh Today
TYSONS, Va.–PenFed Credit Union is reporting the first quarter of 2021 was the strongest in its 86-year history, including the origination of a record $3-billion in mortgage loans and a record $2.29 billion in consumer loans.
MADISON, Wis.— Forty-five credit union leaders have received their Diversity, Equity and Inclusion Certificate as a result of taking the Diversity, Equity and Inclusion Certificate Program from CUES and Cornell University.
SAN JOSE, Calif.–FICO has released its second annual Consumer Digital Banking study, showing the degree to which consumers across the U.S. and Canada have embraced digital banking and biometric identity proofing during the COVID-19 pandemic.
WASHINGTON—The international credit union movement is calling on the G20 to take action to increase financial inclusion through a focus on the “importance of proportionality.” The World Council and CUNA advocated for their position in a letter the groups wrote to Treasury Secretary Janet Yellen in advance of the release the 2021 G20 Rome Leaders’ Declaration.
WASHINGTON—The Federal Trade Commission has released the final agenda for its workshop on April 29 that will examine digital “dark patterns,” a range of potentially deceptive or unfair user interface designs used on websites and mobile apps.
WASHINGTON—A remote workforce has led to productivity gains and operating cost savings among lenders, a new report reveals.
WASHINGTON–A new bill in Congress would not require credit unions to comply with the Community Reinvestment Act (CRA) but does codify a number of existing requirements
MUSCLE SHOALS, Ala.–Listerhill Credit Union won the Best of Show Award in the CUNA Marketing & Business Development Council’s Diamond Awards competition.
WASHINGTON–The Justice Department is reportedly forming a task force to take on the increasing threat from ransomware and other online extortion themes that continue to target financial institutions, schools, hospitals and other businesses.