GERMANTOWN, Md.–SkyPoint FCU has introduced “SkyPoint Cares” as part of what it described as a community development initiative.
Fresh Today
WASHINGTON–Trust For Credit Unions, the family of mutual funds created for credit unions, is reporting its two TCU bond funds, the Ultra-Short Duration and Short Duration Portfolios, had combined assets under management of $3.61 billion as of Feb. 11.
PURCHASE, N.Y.—Acceptance of cryptocurrencies continues to advance in the U.S.
MADISON, Wis.—A new analysis released by the World Council of Credit Unions suggests the way in which international standard setting bodies react to the institutional stress placed on credit unions upon the withdrawal of COVID-19 relief measures will set the tone for the regulatory issues affecting cooperative finance worldwide in 2021.
ALEXANDRIA, Va.—During NCUA’s open board meeting this week, credit unions should learn if they will be assessed a premium related to the National Credit Union Share Insurance Fund (NCUSIF) and, if so, a when.
LAWRENCEVILLE, Ga.—The used car market is already showing signs of strong used vehicle values this year.
MARSHFIELD, Wis.– Patricia Wesenberg, who stepped aside as president/CEO of Simplicity Credit Union in October of 2020 to deal with health-related issues, has died.
WASHINGTON–Demand for mortgage loans dropped last week after interest rates hit a three-month high. But rates are considered just one factor in the slowdown and mortgage volume remains up significantly from one year earlier.
NEW YORK–What are the biggest causes of fights by couples over money? A new survey of nearly 1,000 Gen Zers and millennials who are married, engaged or in a relationship has found nearly three-fourths said they’d been mad at their partner because of a financial decision they made, while 15% hadn’t yet discussed debt with their partner.
RALEIGH, N.C.–Coastal Credit Union has paid out more than $3.6 million in special dividends to eligible members through its Loyalty Bonus program.
The payout was shared among nearly 69,000 members, the credit union reported.