MADISON, Wis.–The World Council of Credit Unions will host a webinar this week on March 24, “Open Banking - the Opportunities and Challenges Facing Credit Unions.”
Fresh Today
WASHINGTON–Fed Chairman Jerome Powell is expressing caution around the future of digital currency.
PORTSMOUTH, N.H. —Credit union CEOs in two states have announced retirement plans.
SWEETWATER, Fla.–Dade County FCU has renewed its partnership with the NFL’s Miami Dolphins and is now the “Official Credit Union” of the team.
KANSAS CITY, Mo.– CommunityAmerica CU said it is partnering with baseball’s Kansas City Royals, including obtaining exclusive naming rights to Crown Club, a premium seating area behind home plate at Kaufman Stadium.
WASHINGTON—Farm banks continue to play a vital role in supporting U.S. agricultural producers and rural communities, according to a new FDIC report, which found that while they hold just 2% of all bank loans in the U.S., farm banks hold 44% of all bank-held agricultural loans.
WESTBROOK, Maine–Representatives of Synergent, a unit of the Maine Credit Union League, and the Irish League of Credit Unions have held discussions on how the credit union movement can “work together to achieve better outcomes for members through technology.”
NEW YORK—Apparel sales in the U.S. bounced back in a big way last month, powered by a surge in online purchases as consumers altered their spending habits.
MADISON, Wis.—It was a rough year for credit union lending in 2020, as the industry also set some not-so-enviable records—including the lowest yield-on-asset ratio in credit union history—according to CUNA Mutual Group’s latest Trends Report, which is based on January 2021 data.
WASHINGTON—Credit union loans outstanding decreased 0.2% in January, compared to a 0.1% increase in December of 2020 and a 0.3% increase in January of 2020, according to CUNA’s latest Monthly Credit Union Estimates.