WASHINGTON–In advance of a congressional hearing yesterday on elder fraud, CUNA sent a letter to the Senate Special Committee on Aging stressing resources credit unions have made available to fight the problem.
Fresh Today
WASHINGTON—The Federal Housing Finance Agency won't defend the constitutionality of its structure, according to a brief filed this week in the U.S. Court of Appeals for the Fifth Circuit.
TYSONS, Va.—PenFed Credit Union has rolled out new contactless Visa cards across its credit and debit portfolio, giving members the ability to tap to pay at checkout.
BEIJING, China—The Chinese government has approved a policy that will require all users of blockchain-based services to register their real identities with the authorities, in contrast with the technology’s reputation for safeguarding anonymity.
COLORADO SPRINGS, Colo.–Ent Credit Union has announced plans to develop a new, 300,000-plus square-foot headquarters in northern Colorado Springs on more than 20 acres of land at The Campus at Foothills Farm, a La Plata Communities development near I-25 and Interquest Parkway.
TORONTO–Ontario’s credit unions have been given the OK to take part in group loans that are being offered by banks.
WASHINGTON–Fewer and fewer people are using cash, with three-in-10 Americans now saying they make no purchases with cash in a typical week, up from a quarter in 2015.
BROOKFIELD, Wis.–Fiserv has announced a $22-billion deal to purchase First Data Corp. in an all-stock transaction.
CHICAGO–Credit unions across the country have now returned more than $140 million to members in the form of bonus dividends and interest rebates based on their 2018 performance.
SPRINGFIELD, Mo.—Multipli Credit Union here is partnering with the Community Foundation of the Ozarks on a program to offer no-interest loans to federal employees in a seven-county region affected by the partial government shutdown.