BROOKFIELD, Wis.—Sixty-five percent of U.S. consumers said they would have purchased a digital gift card on Black Friday if a merchant had offered an incentive, according to the October 2020 Gift Card Gauge released by Fiserv.
Fresh Today
MADISON, Wis.–The World Council of Credit Unions’ 2021 World Credit Union Conference, which had been scheduled to be held in Glasgow, Scotland from July 11-14, 2021, will now be hosted virtually. The online event will take place from July 14-21, WOCCU said.
SANTA FE, N.M.–Del Norte Credit Union has launched its giving season with “Forward Together,” which it is describing as an innovative program to help curb hunger in some of New Mexico’s most rural areas.
WASHINGTON—The Small Business Administration reported it has made 367,321 payments to Paycheck Protection Program (PPP) borrowers, forgiving more than $38 billion in PPP loans so far.
TAMPA, Fla.–A small Florida credit union has agreed to merge into a much larger CU in the state. The $24-million Coast 2 Coast Financial CU said it will merge into the $2-bilion Achieva Credit Union in Dunedin, pending approval by state and federal regulators. Plans call for the combination to be completed by early 2021.
PEORIA, Ill.—With banks rethinking their footprint as a result of the COVID-19 driven recession, more credit unions are picking up bank offices.
SANTA MONICA, Calif.– Total new vehicle sales will reach 1,243,630 units in November 2020, down 0.5% from a year ago when adjusted for the same number of selling days.
PURCHASE, N.Y.—How is the health crisis changing consumers holiday shopping habits?
TYSONS, Va.–PenFed Credit Union has launched “PenFed Saves You Money,” an integrated marketing campaign that seeks to highlight how members of the military and civilians save money through the “great rates” it offers.
LAKEWOOD, Colo.—Aux, the CUSO formerly known as CU Service Network that provides collaborative back office solutions, is reporting it has added several new credit union clients.