DOTHAN, Ala.–Five Star Credit Union here has purchased the Gander Mountain store building here to become its new headquarters. The credit union paid $4 million for the facility.
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PORTSMOUTH, N.H.– Service Credit Union said it is partnering with the Veteran Entrepreneurial Training and Resource Network (VETRN) to host a “Streetwise MBA” program for veteran business owners at its corporate headquarters this fall.
DUBUQUE, Iowa—Dupaco Community Credit Union has posted an update on the progress of participants in its third annual Great Credit Race this spring.
RIVERWOODS, Ill.—Discover, which in addition to its credit cards runs an online bank, announced it will no longer charge any fees for its roughly one-million banking customers.
WASHINGTON—The International Monetary Fund (IMF) in a new report says digital currencies could replace traditional cash and bank deposits, citing the rapid rise in adoption of cryptocurrency.
HAMPSHIRE, U.K.– New data from Juniper Research is forecasting the volume of domestic money transfers via mobile devices will exceed 203-billion in 2024, up from 130 billion in 2019. Domestic P2P payments will drive this growth; accounting for 80% of all domestic transfers in 2024, Juniper Research said.
LOMPOC, Calif.–The former CEO of CoastHills CU here has issued a statement saying the credit union has wasted time and money on “failed mediation” related to his departure and that the CU’s board has little “understanding of its purpose.”
MADISON, Wis. – CMFG Ventures, the venture capital arm of CUNA Mutual Group, and the Filene Research Institute said they have launched the FinTech Catalyst Incubator to test new fintech products and services at credit unions.
WASHINGTON—NAFCU is reiterating its support for greater clarity and legal certainty at the federal level for credit unions that service marijuana-related businesses (MRBs) in states where the drug has been legalized.
MADISON, Wis.—CUES announced 45 credit union board members and executives have completed its Governance Leadership Institute held at the University of Toronto’s Joseph L. Rotman School of Management.