MADISON, Wis.–More than $100 million in loans has been made over the past two years as part of a pilot program to extend financial services into underserved markets, according to the Filene Research Institute, which led the effort.
Fresh Today
ARLINGTON, Va.—In the wake of President Obama’s announcement of his Cybersecurity National Action Plan in conjunction with the 2017 budget, NAFCU is applauding the president’s increased focus on cybercrime.
WASHINGTON—NAFCU Wednesday sent a letter to House leaders to share support for the efforts of Speaker Paul Ryan's (R-WI) Confident America task force to reduce regulatory burdens, and offered NAFCU's assistance.
WESTBROOK, Maine–With an assist from Olympic swimming champion Mark Spitz, the Maine Credit Union League announced the Maine Credit Unions’ Campaign for Ending Hunger had raised a record $622,933.62 during the 2015 campaign. That is $70,000 greater than the previous year, which was also a record-setter.
MALVERN, Penn. – Akcelerant, a Temenos Company and provider of software and services to the financial industry, reported it has delivered the general release of its account origination solution.
BIRMINGHAM, Ala.–Alabama Central Credit Union has partnered with two other organizations for a new loan program that seeks to “rescue” people from payday lenders “permanently and puts them on the path to healthy credit and financial success.”
CANTON, N.C. — Champion Credit Union has made a $100,000 donation to local schools to reflect the amount of money it said members have saved through a loan refinancing program.
ALPHARETTA, Ga–FMSI, a provider of workforce optimization solutions, has named Credit Union of New Jersey as the 2015 winner of its annual Operational Excellence Award.
WASHINGTON—Bankers have fired two more salvos in opposition to NCUA’s proposed field of membership rules, sending a letter to Congress last week and filing their comment with the agency.
WASHINGTON—In a letter to Congressional leaders, CUNA Tuesday refuted claims by the American Bankers Association that the credit union tax exemption should be revoked if NCUA’s new FOM rules are passed.