TYSONS, Va.–PenFed Credit Union has been selected by AMVETS as the large company “Veteran Friendly Employer of the Year.”
Fresh Today
ARLINGTON, Va.—The Federal Financial Institutions Examination Council (FFIEC) is being urged by NAFCU in a new white paper to consider enacting regulations to create what the trade group said would be a level playing field between fintech companies and traditional financial institutions.
WASHINGTON—Noting that "faster payments represent a distinct technology priority" for credit unions, NAFCU Vice President of Legislative Affairs Brad Thaler outlined for the Senate Banking Committee the association's support for the Federal Reserve’s efforts to develop a real-time payments system – FedNow Service – and also reiterated the need for a national data security standard.
MADISON, Wis.–Twenty-three credit union leaders have been accepted to the 2019 Filene i3 program and will now begin a two-year “development journey to address some of the biggest issues facing the credit union industry.”
WASHINGTON–Dozens of representatives from UNICRED–one of Brazil’s largest credit union systems—are visiting Washington this week to learn about the U.S. credit union system and explore “innovative strategies to improve member service” as part of a World Council of Credit Unions’ Global Classroom visit.
COLLEGE STATION, Texas–Texas A&M University has announced a fully integrated “Campus+” partnership with Aggieland Credit Union as its Official Credit Union.
BLOOMINGTON, Ill.– A new survey of parents has found that while 61% of Americans consider parents a key influence in shaping the way they manage their finances, parents of kids under age 21 lack confidence in a number of personal finance topics, with 46% giving their level of financial literacy a grade of C or lower.
ATLANTA–Equifax said it will begin giving consumers the option of allowing lenders review their electric, phone and cable payment information in order to provide financial firms more data to determine whether to approve loan applicants.
WASHINGTON–The National Credit Union Foundation has named the recipients of the 2020 Herb Wegner Memorial Awards for Outstanding Individual Achievement.
WESTBROOK, Maine–Two credit unions more than 1,200 miles apart that announced in August they were planning to merge have now called off plans to do so.