McKINNEY, Texas–A new online service portal that provides credit unions with shared business intelligence resources has been launched. The new endeavor is being headed by Michael Cochrum, known to many in credit unions for his work at CU Direct.
Fresh Today
ORLANDO, Fla.–FAIRWINDS Credit Union has announced a $1-million gift to endow a professorship in the University of Central Florida’s proposed FinTech program, the first of its kind in Florida’s state university system.
OAKVILLE, ONTARIO, Canada—After extensive internal testing, Harvest Portfolios reports it has received approval to issue Canada’s first ever blockchain-based Exchange Traded Fund (ETF).
STAMFORD, Conn.—Last year marked a large shift in the world of data breaches. For the first time, Social Security numbers were compromised more than credit card numbers, a new study shows.
HOBOKEN, N.J.—The average monthly paycheck for Americans is increasing by $130.76 a month as a result of the recent tax code changes, and that, not surprisingly, has left Americans feeling more financially confident, according to a new survey.
WASHINGTON –Following a letter to Sen. Orrin Hatch (R-UT) from 52 state bankers’ associations that challenged the CU tax exemption, CUNA and NAFCU have responded with a joint letter that defends credit unions’ tax-exempt status.
WASHINGTON–Bankers’ associations from 52 states have sent a letter to Sen. Orrin Hatch (R-UT) arguing taxpayers should no longer “subsidize” the nation’s largest credit unions.
ALEXANDRIA, Va.—The process and basis for NCUA setting the Normal Operating Level (NOL) of the National Credit Union Share Insurance Fund (NCUSIF) at 1.39% are “fair and reasonable,” according to the agency’s Office of Inspector General (OIG).
DENVER—Fourth Corner Credit Union is asking a federal court to deliver a faster resolution in its case against the NCUA over share insurance coverage now that it has received conditional approval from the Federal Reserve Bank of Kansas City to serve legal marijuana businesses in Colorado.
WASHINGTON—A new report has found that as Americans hold a record level of credit card debt, many say they regret having taken on the debt to the point it affects their health.