DENVER– The Mountain West Credit Union Association has announced a fall “Hike the Hill” series it is calling “DC From Your Desk.”
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NEW YORK–A new survey of more than 1,000 Americans confirms what many credit unions are seeing, and that is the increasing willingness of consumers to try to digital tools, including opening accounts online.
MADISON, Wis.–Newly released analysis of CU performance reveals an ongoing and growing trend—it’s becoming a tale of two credit union communities, including a “huge disparity” in loan growth between large and small credit unions.
WASHINGTON–Treasury Secretary Steven Mnuchin told the Senate Banking Committee last week that he would contact the Small Business Administration on the same day he was testifying over how it might streamline the forgiveness process for Paycheck Protection program loans.
WASHINGTON–Americans have lost more than $145 million to fraud related to the coronavirus, according to a new estimate from the Federal Trade Commission, which reported it has fielded more than 200,000 complaints from consumers.
WASHINGTON—The Small Business Administration should take several additional steps if Paycheck Protection Program (PPP) funding becomes available again, CUNA wrote to a House subcommittee.
WASHINGTON–Financial institutions and small business borrowers continue to report difficulties navigating the Paycheck Protection Program loan forgiveness process, with the Consumer Bankers Association estimating that as many as 80% of forgiveness applications that have been submitted by small businesses are requiring additional follow-ups to reconcile errors or find missing information.
WASHINGTON–A new investigation has found some publicly traded companies that received Paycheck Protection Program loans to pay their employees during the early weeks of the coronavirus pandemic paid out millions to Wall Street investors in dividends and share buybacks.
PLANO, Texas–Catalyst Corporate said it will soon begin offering mobile P2P (person-to-person) payment services to credit unions. The P2P service will allow credit union members to send money to anyone, anytime, using any mobile device with Aptys Solutions’ PayMōli app, according to Catalyst.
JACKSON, Mich. — Credit unions in two states have announced separate plans to merge, with one of the CUs also saying it will unveil a new name in the future.