LANSING, Mich.–Credit unions continue to respond to the coronavirus threat with everything from branch visits by appointment only, to shorter branch hours, to emergency loans.
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TRENTON, N.H.–The New Jersey Assembly is fast-tracking a measure that would enable the governor to put a temporary moratorium on evictions during a public health or other state of emergency.
NEW YORK–With some U.S. health officials warning that a full 14-day national shutdown may soon be needed and additional countries announcing a closing of borders, economists are increasingly making dire forecasts. But others are offering reassurances that the U.S. economy will come roaring back.
ARLINGTON, Va.—Credit unions have seen stronger loan growth than banks, although the margin is narrowing, according to NAFCU’s fourth-quarter CU Industry Trends report.
CORPUS CHRISTI, Texas— Coastal Community And Teachers Credit Union here has partnered with CUREVL LLC, as a referral affiliate.
TALLINN, Estonia—Crypterium, a crypto fintech firm led by Visa's former general manager for Central Europe, claims to have rolled out the most widely available prepaid crypto debit card, allowing users in 178 different countries to spend Bitcoin, Ethereum, and Litecoin in-store and online.
DUBLIN, Ireland–A subprime lender that has recently entered Ireland’s market and which charges APRs as high as 50% is reporting it has added €2.3m and added over 1,000 customers in Ireland in three months as it continues to grow. But the company’s founder said it’s on a path to “slow-motion suicide.”
WASHINGTON– The Federal Reserve is proposing to pump as much as $1.5 trillion in short-term loans into the economy in an attempt to limit the damage from the coronavirus.
ALEXANDRIA, Va.–In the wake of risks related to the COVID-19 pandemic, NCUA is making a number of changes to protect the “health and safety” of its examiners.
WASHINGTON—In response to the COVID-19 pandemic and its effect on members and credit union operations, NAFCU President and CEO Dan Berger has sent letters to NCUA and the CFPB calling for broad flexibility with compliance for at least 60 days.