MANHATTAN BEACH, Calif.–Kinecta Federal Credit Union has launched a campaign called #KinectaKindness through which individuals can nominate a caring friend or neighbor for their acts of kindness to receive a #KinectaKindness award and a $250 donation to a nonprofit of their choice.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is offering a reminder that CU employees and members can raise money for Children’s Miracle Network by taking a selfie with a CO-OP ATM.
OSWEGO, Ill.– EarthMover Credit Union has named a new president and CEO. The $267-million credit union has selected Kelly McDonough to lead the organization, effective July 8.
PHOENIX–Desert Financial Credit Union said it is now offering secure voice banking through Amazon’s Alexa platform, and that it will likely soon be the first CU to offer voice banking with Google Assistant.
WASHINGTON—Housing and Urban Development (HUD) Secretary Ben Carson announced at a stakeholders meeting that the White House Opportunity and Revitalization Council has identified 160 programs that could use investment and revitalization within communities.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a correction to its Uniform Mortgage-Backed Security (UMBS) final rule related to the inclusion of data on servicer performances.
WASHINGTON—The Senate Banking Committee has advanced the nomination of Federal Reserve Governor Michelle Bowman to serve a full 14-year term. Bowman's current term is set to expire Jan. 31.
MUMBAI, India—More ride sharing services are getting into credit cards. In this country, local ride-hailing giant Ola has inked a deal with state-run SBI (State Bank of India) and Visa to issue as many as 10-million credit cards in the next three and a half years.
WASHINGTON—The Federal Trade Commission has finalized the rule implementing a 2018 law that requires the nationwide consumer reporting agencies (CRAs) to provide free electronic credit monitoring services for active duty military consumers.
ARLINGTON, Va.—Existing-home sales increased 2.5% to a seasonally adjusted annual rate of 5.3 million units in May. NAFCU Chief Economist and Vice President of Research Curt Long noted that even with modest gains in May, he expects home sales to stagnate in the coming months.
