RANCHO CUCAMONGA, Calif.—2020 will be remembered as one of the most “transformative years on record” for most industries, including credit unions, according to CO-OP Financial Services.
Fresh Today
MADISON, Wis.– The World Council of Credit Unions will host a webinar this week on “COVID-19 Related Non-Performing Loans (NPLs) and the Challenges Facing Credit Unions.”
WASHINGTON—The Consumer Financial Protection Bureau has issued a compliance assistance sandbox (CAS) approval order to PayActiv related to specific aspects of some of its earned wage access (EWA) products.
NEW YORK–A new analysis offers some insights and predictions into what consumers can expect from financial institutions as digital banking becomes the new normal.
WASHINGTON—CUNA said it has introduced a new offering for credit unions to help “get the pulse” of their credit union and to elevate the overall culture.
PASEDENA, Calif.—The fintech Green Dot said it is rolling out the mobile bank GO2bank to assist people who are living paycheck to paycheck.
ALEXANDRIA, Va.—NCUA has a packed agenda for this Thursday’s board meeting, including proposing a risk-based net worth rule to raise the asset threshold for defining a credit union as complex.
ARLINGTON, Va.—Total vehicle sales grew in December, jumping from 15.6 million annualized units to 16.3 million during the month, a 3.2% increase in sales levels versus last year.
ARLINGTON, Va.—In response to a Federal Housing Finance Agency (FHFA) proposed rule that would require the government-sponsored enterprises (GSEs) – Fannie Mae and Freddie Mac – to obtain prior approval on new products and activities, NAFCU is urging the agency to consider the potential impacts on access to credit for low- and moderate-income borrowers during its review.
NEW YORK–It’s become a common refrain, but mortgage rate averages nationally have again hit “new lows."