RANCHO CUCAMONGA, Calif.—Saying it was seeking a business partner to help it digitally transform its services, Water and Power Community Credit Union has contracted with CO-OP Financial Services.
Fresh Today
CLOQUET, Minn.–Northwoods Credit Union here has announced a new CEO. Effective Jan. 1, the credit union said Doug Wolf will succeed Barb Brown as president and CEO of the $93.5-million credit union.
SAN JOSE, Calif.–Even though data breaches and card compromises remain near daily news, most Americans continue to believe web and phone security measures are too complicated.
NEW YORK–The technology challenges to America’s small credit unions and especially those serving low-income Americans have been profiled by Bloomberg Business Week.
CHICAGO–The Bank Administration Institute (BAI) has announced the finalists for 2018 BAI Global Innovation Awards, offering insights into the kinds of investments in time and money other financial services providers are making in the marketplace.
BOULDER Colo.–Elevations Credit Union has renewed its sponsorship for the Buffalo Bicycle Classic (BBC) through 2026, reporting it has also increased its annual support to $50,000 per year.
CHICAGO—L.L.Bean, Citi Retail Services and Mastercard are partnering on a new co-brand credit card for L.L.Bean customers that is raising the stakes in the rewards card battle.
SYDNEY, Australia—Fintech companies will ultimately constitute a systemic risk, the Reserve Bank of Australia is warning. As a result, the bank is arguing regulatory authorities should develop standards to set up the technological change that is sweeping the payment sector.
VIENNA, W. V.–West Virginia Central FCU here has donated $125,000 in total to more than 70 charities in its markets.
LONDON–How employers can partner with credit unions to address the financial stresses many of their employees are feeling is the subject of a new video released by the Association of British Credit Unions (ABCUL).