MIDLAND, Texas–Employees of Complex Community Credit Union here did everything from sewing to ironing to sanitizing to distributing masks to healthcare workers.
Fresh Today
MARLBOROUGH, Mass.–Three credit unions in Massachusetts are providing assistance to first responders and care providers during the coronavirus pandemic.
MADISON, Wis.–The Filene Research Institute said it could never have imagined in February, when it was announcing the launch of its new Center of Excellence for Consumer Financial Lives in Transition, just how relevant the subject area would become as the coronavirus pandemic affects all portions of the economy.
BIRMINGHAM, Ala.—Growing credit unions are facing a totally unexpected challenge to their growth and the ability to meet their members needs due to the pandemic and other forces, asserts Dollar Associates, which is holding a webinar to discuss “crucial credit union issues for larger and dynamically growing credit unions.”
WASHINGTON—During the first quarter of 2018, 132 credit unions borrowed from the Federal Reserve's Discount Window.
PHOENIX–Two Arizona credit unions have announced merger plans. The $15-million Southwest Healthcare Credit Union, which has approximately 1,800 members, said it plans to merge with Canyon State Credit Union pending a vote by the SHCU membership.
TAMPA, Fla.–Trellance will host this week a webinar featuring the CEOs of four of the largest CUSOs in the country.
WASHINGTON—Former Consumer Financial Protection Bureau Director Richard Cordray is warning the agency is not doing enough to protect consumers amid the coronavirus pandemic.
ALBANY, N.Y.—The New York State Department of Financial Services (DFS) announced it has published an order to provide temporary regulatory relief for New York-chartered financial institutions.
ST. PAUL, Minn.—The Minnesota Credit Union Network said it has joined in the ownership of NetGiver, a CUSO which enables fee-free charitable contributions exclusively for credit union members through a mobile giving platform.