NEW YORK–Clifford Rosenthal, the long-time leader of what was formerly called the National Federation of CDCUs and today is known as Inclusiv, will be inducted into the Cooperative Hall of Fame.
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DENVER–A “Pints with Purpose” fundraiser to be held ahead of the GoWest CU Associations upcoming Maxx Conference to raise funds for Children’s Miracle Network hospitals has been announced.
PURCHASE, N.Y.—During a second quarter earnings call, Mastercard confirmed it will cut about 1,000 employees as part of a restructuring to focus on international markets.
CHERRY HILL, N.J.—TD Bank Group announced the bank continues to actively pursue a global resolution of the civil and criminal investigations into its U.S. Bank Secrecy Act (BSA)/anti-money laundering (AML) program by the Financial Crimes Enforcement Network (FinCEN) and Department of Justice (DOJ), according to a new report.
TROY, Mich.–A new J.D. Power survey has found that while the percentage of U.S. bank customers who are financially healthy has remained steady, the overall level of concern regarding inflation has fallen sharply.
WASHINGTON–The U.S. economy grew more than previously thought in the second quarter, data released Thursday shows, “bolstering the case that the country may be experiencing a so-called soft landing,” according to one new analysis.
ST. LOUIS–Just 10% of some of the best-known homes from well-known television shows and movies would actually be affordable to their supposed occupants, and only four would be rentable based on their characters’ incomes, a new analysis has found.
WASHINGTON—The Federal Reserve is expressing concerns over expanding fast payment systems, especially those interlinking with international systems for making payments at the global level, according to a new report.
READING, Penn. – Organizers seeking to start a credit union to serve this city’s Latino community have made a request for $1 million in funding from the Reading City Council to assist with start-up costs.
WASHINGTON– More than 160 consumer, labor, civil rights, faith-based, and community organizations will submit a comment letter to the Consumer Financial Protection Bureau (CFPB) today in support of its proposed interpretive rule ensuring important legal protections for consumers who use earned wage advance (EWA) or other fintech cash advance products that need to be repaid with the borrower’s next paycheck.