MADISON, Wis.—Summit Credit Union is reporting it has surpassed its five-year goal to save members $60 million compared to the cost of banking with a Wisconsin for-profit institution, saying it hit the benchmark in only three years.
Fresh Today
PLANO, Texas–A delegation of U.S. credit union executives has returned from a trip to Moldova, where they were working to bolster CUs in the country.
WASHINGTON–Should the Financial CHOICE Act pass Congress as currently written it would result in a reduction in direct federal spending over a 10-year period from 2017-27 of $30.1 billion, while revenues would be reduced by $5.9 billion, according to estimates published by the Congressional Budget Office (CBO).
ALEXANDRIA, Va.—NCUA has released its agenda for Thursday’s open board meeting that convenes at 10 ET.
WASHINGTON–Sen. Majority Leader Mitch McConnell (R-KY) is not optimistic that Congress will pass any legislation this year that overhauls Dodd-Frank.
ARLINGTON, Va.—Credit unions indicated support for Congress' attempts to implement the regulatory relief reforms found in the Financial CHOICE Act (HR 10), particularly the proposed repeal of the Durbin interchange amendment, according to NAFCU's latest Economic & CU Monitor survey.
WINSTON-SALEM, N.C.–Allegacy FCU here and the YMCA of Northwest North Carolina are partnering on a study focused on whether incentives have an effect on the wellbeing of diverse communities.
BETHPAGE, N.Y.—Bethpage FCU has acquired Northwell Health FCU, based in Jericho, N.Y.
ST. PETERSBURG, Fla.—Credit unions are becoming increasingly proactive in evaluating their card program processing needs to preserve both member-centricity and margins, according to a new white paper.
RALEIGH, N.C.—Coastal Credit Union and eight partners have launched Constellation Digital Partners, LLC, a CUSO designed to deliver a “revolutionary” software platform that will transform the future of digital banking for credit unions and members.