SAN JOSE, Calif.—The pandemic has been good for PayPal.
Fresh Today
TYSONS, Va.—PenFed Credit Union has launched what it is calling a “massive advertising campaign” inside Washington Dulles International Airport.
LAUREL, Md.–Tower Federal Credit Union has launched a new philanthropic initiative, Pennies for Change, saying it plans to donate up to $250,000 in 2021 to the TowerCares Foundation in support of members of the military.
WASHINGTON–Under the headline “Calling Attorneys Interested in Joining the CFBP,” Acting Director Dave Uejio said the Bureau is looking to hire attorneys as it plans “vigorous oversight of all applicable federal laws and the fullest utilization of our legal authorities.”
WASHINGTON—The Federal Housing Finance Agency (FHFA) has again extended its moratorium on foreclosures and evictions, this time through March 31. The policy applies to government-sponsored enterprise (GSE)-backed single-family mortgages and GSE-owned properties.
ALEXANDRIA, Va.—In response to the NCUA's proposed rule to modernize the definition of a "service facility" for multiple common bond (MCB) federal credit unions, NAFCU has sent a comment letter stating its support but also offering changes it would like to see.
WESTBROOK, Maine–Maine’s credit unions set a new record in fundraising for their Campaign for Ending Hunger during 2020. According to the Maine league, a record $969,775 was raised to combat hunger in Maine during the year.
PLANO, Texas–Catalyst Corporate Federal Credit Union has launched PayMōli this week, a person-to-person solution it said is an “easy onramp to the marketplace.”
WASHINGTON—The Small Business Administration has released an update on the status of its economic injury disaster loan (EIDL) program's reconciliation payments for any loan with an SBA forgiveness payment that was reduced by the amount of an EIDL advance.
ST. PETERSBURG, Fla.– PSCU has announced plans to roll out a new installment payments solution.