NEW YORK–“Millions” of small business owners could be looking to leave big banks and switch financial institutions following their experiences in filing Paycheck Protection Program loan applications, according to one new report.
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WASHINGTON– The Federal Housing Finance Agency (FHFA) has announced Fannie Mae and Freddie Mac are now making available a new payment deferral option for borrowers affected by the coronavirus pandemic.
PLANO, Texas–Housing demand in the United States has fallen at least initially during the COVID-19 pandemic, but while it’s down, the housing market is not out, according to one analyst.
EAU CLAIRE, Wis.–Royal Credit Union has launched a new initiative to engage community members virtually though social media on topics related to their financial well-being, while separately announcing a popular local event will be going virtual this year.
INDIANAPOLIS –The Indiana Credit Union League, through its Servicecorp, said it has established a $350,000 grant program to help small and medium-sized credit unions meet some of the unexpected expenses that have resulted from the COVID-19 pandemic.
NEWPORT BEACH, Calif.–NACUSO will host a webinar today titled, “Reaching Members Remotely: Investment Advice and Tools.” The webinar is free and begins at 2 p.m. ET and requires registration.
WASHINGTON–Nominations for the 2021 Wegner Awards are now open.
IRVING, Texas –UNIFY Financial Credit Union has entered into a new partnership to become the Official Credit Union of Toyota Music Factory and entitlement partner of the box office at The Pavilion at Toyota Music Factory. The box office will be renamed the “UNIFY Box Office at The Pavilion at Toyota Music Factory.”
MENLO PARK, Calif.—Several developments in payments and lending are in the works outside the U.S. that credit unions might want to give attention, as the companies behind the efforts often bring those same initiatives to the U.S.
NEW YORK—Financial apps are surging in use, according to a report by AppsFlyer, which specializes in mobile app marketing.