ST. CLOUD, Minn.–Mergers have been announced in two states.
Fresh Today
MADISON, Wis.–Forty-seven people have graduated from the latest Development Education (DE) training offered by the National Credit Union Foundation. Graduates hailed from both U.S. and Kenya.
WASHINGTON—Banking regulators expect to issue a formal proposal to modernize the Community Reinvestment Act (CRA) in the coming months, said FDIC Chairman Jelena McWilliams this week.
NEW YORK—As CUToday.info has extensively reported, U.S. consumers are running up credit card debt to a record level, but new data reveals another concerning statistic: 39-million Americans have been carrying credit card debt for at least two years.
FORT WORTH, Texas—According to new research, work-related struggles were the most common reason for credit score declines.
NEW YORK—Petal has unveiled a new rewards program for its no-fee credit card.
MUMBAI, India—A leading Indian bank has announced it will launch a multicurrency payment card designed for those who are looking to travel.
CHESTERFIELD, Mo.–NewGround, a provider of architecture, design, and delivery services, said it has again been named to the St. Louis Business Journal’s Top 150+ Privately Held Companies list.
WASHINGTON—Passing into law the SAFE Banking Act (H.R. 1595), which would institute a safe harbor for financial institutions serving legal marijuana businesses, would increase insured deposits at credit unions by about $200 million by 2022 and $350 million by 2029, according to the Congressional Budget Office (CBO).
WASHINGTON–Commercial banks and savings institutions insured by the FDIC reported aggregate net income of $60.7 billion in first quarter of 2019, up $4.9 billion or 8.7% from one year earlier.
