AUSTIN, Texas—When it comes to small purchases, more Americans prefer paying with cash, a new study shows.
Fresh Today
WASHINGTON–The agenda for credit unions in Washington is light this week, given the Thanksgiving holiday.
WASHINGTON – Democrats are planning to dramatically step up their focus on improving financial services for underserved communities when they take control of the U.S. House of Representatives in January.
WASHINGTON—As one Congress ends, and numerous new members arrive in Washington for the next, the banking industry and its lobbyists are again pressing to have credit unions comply with the Community Reinvestment Act (CRA).
MT. PLEASANT, Wis.–Educators Credit Union said it will pay $3.1 million to its members as part of its Loyalty Pay Back Reward program.
HONOLULU – As part of a merger with Aloha Pacific FCU, members of Kekaha FCU here were paid a special $2-million dividend.
RANCHO CUCAMONGA, Calif.—In honor of Giving Tuesday next week, CO-OP Financial Services said it will provide CUAid with a $100 donation for every credit union employee to register for THINK 19 through Nov.27, 2018.
ARLINGTON, Va.—After two months of decline, retail sales rose 0.8% in October. Sales from August and September were revised downward to 0.1% declines.
WASHINGTON–The Federal Financial Institutions Examination Council–of which NCUA is a member–said it will host a webinar on Dec. 6, 2018, to promote awareness and understanding of efforts to develop alternative reference rates to LIBOR, due to the uncertainty as to continued availability of LIBOR after 2021.
CHICAGO–Credit Union 1 and the University of Illinois at Chicago have reached a deal to give the credit union naming rights to the UIC Pavillion, a 9,500-seat, multi-purpose facility that is home to UIC’s men’s and women’s basketball teams. The $9.3-million agreement is for 15 years and will result in the name being changed to the Credit Union 1 arena.