MADISON, Wis.–The World Council of Credit Unions said it has concluded its Financial Inclusion Project at the border of Venezuela and Columbia, having reached 253,055 rural, low-income Colombians with financial services.
Fresh Today
WESTBROOK, Maine–The Maine Credit Union League has unveiled a new brand for the state’s CUs. The branding is already in place on the league’s website, and it will also be rolled out across other platforms in the future.
WASHINGTON—The CFPB has published an update on credit access and its No-Action Letter (NAL) policy.
MOLINE, Ill.– Vibrant Credit Union here has launched “MoneyMaker Checking,” a no fee account that pays as much as 5% APY when paired with a Standard Vibrant credit card.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has unveiled a redesigned website.
FRANKFURT AM MAIN, Germany–A new savings app that includes cryptocurrencies has made its debut in four countries. The new app, called savedroid, is a “smooth path to cryptocurrency saving, making it accessible to everyone,” the company said.
DUBLIN, Ireland–The good news for Ireland’s credit unions—the industry’s average loan-to-assets ratio has started to see a turnaround. The bad news: it’s still at a near-historic low of 28%.
FOLSOM, Calif. – SAFE Credit Union said it has entered into a 25-year, $23-million partnership with the city of Sacramento giving it naming rights and other opportunities with a number of well-known facilities, including the Convention Center, Community Center Theater and Outdoor Plaza.
WASHINGTON—Why did the Fed move to raise rates at its most recent meeting? Federal Reserve Bank of St. Louis President James Bullard has provided more context around the Federal Open Market Committee's approach to monetary policy and the economic outlook, noting that "U.S. monetary policy is considerably more accommodative today than it was as of late last year."
LAWRENCEVILLE, Ga.—Even though used vehicle values showed no change in July over the previous month, Black Book said in its analysis “clear trends” can be seen.