MEXICO CITY—Mexico in July recorded a 10.3% percent boost in its remittances on a yearly basis, marking the 28th month in a row remittances have grown in this country, according to new data from the Central Bank of Mexico (Banxico).
Fresh Today
DULUTH, Ga.–For the sixth consecutive year, Georgia Credit Union Affiliates has been named one of the state’s top trade associations in James Magazine’s September/October Lobbyist Issue. GCUA ranked No. 4 on the list of top associations, up two positions from 2017.
AUSTIN, Texas–With credit unions from Maine to Hawaii in attendance, the CUTomorrow Conference has officially gotten underway here.
WASHINGTON–The latest jobs numbers show employment remains strong, but at least one economist is concerned that worker pay is falling behind inflation.
WASHINGTON—A new housing finance reform discussion draft – unveiled by House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Rep. John Delaney (D-MD) – would preserve a government guarantee to the secondary mortgage market and create more lending opportunities for small lenders.
WASHINGTON—NCUA Chairman J. Mark McWatters will testify before the Senate Banking Committee next week during a hearing focused on the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155).
NEW YORK–Several former members of the board of directors at Municipal Credit Union have filed suit against the state regulator after they were ousted for allegedly failing to properly oversee the CU’s former CEO, who has been arrested and charged with embezzlement.
SAN ANTONIO–There is a fine line between being creepy and being helpful when it comes to using artificial intelligence, but understanding where that line is can make all the difference in building loyalty and usage among members, according to one person.
SAN ANTONIO–The first misconception a prize-linked savings program needs to overcome: it’s not “gambling.”
WASHINGTON–The Bureau of Consumer Financial Protection (BCFP) has announced the new members of its reconstituted Credit Union Advisory Council, as well as the members of two newly reformed Councils made up of banking industry representatives.