ST. PAUL, Minn.–The Minnesota Credit Union Foundation is reporting $1,038,377 in capital contributions has been transferred from the foundation to the newly chartered Arise Community Credit Union.
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WASHINGTON—The Federal Housing Finance Agency should reconsider establishing a Federal Home Loan Bank (FHLB) dual mission statement and consider targeted policy initiatives as alternatives, America’s Credit Unions and state leagues stated in a letter to the agency.
SUMMERVILLE, S.C.–REV FCU said it has entered into a partnership with the athletic department of The Citadel.
MODESTO, Calif.—Open leadership positions for which credit unions are seeking candidates continue to be added to The Gig.
CYPRESS, Texas–Janusea, a fintech that provides an integration platform that connects credit unions with other fintech solutions, said it has received an investment from Wichita, Kan.-based Meritrust Credit Union.
MILAN, Italy—Mesh, a U.S.-based fintech company specializing in integrations with over 300 leading exchanges and wallets, and fintech Conio have launched Europe’s first open banking solution for Bitcoin.
NEW YORK—American Express’ acquisition of Tock is another indicator of its emphasis on delivering premium experiences to its clients, according to a new report.
LONDON—U.K.-based money transfer firm Wise has released year-end results showing double-digit percentage increases in revenue and customer numbers.
NEW YORK—Citi has rebranded its mid-tier Citi Premier travel credit card as the Citi Strata Premier Card, with an emphasis on travel rewards.
SAN FRANCISCO— Indicative of the kinds of ongoing competition CUs face in the credit card market, the Wells Fargo Attune World Elite Mastercard is currently offering new cardholders a welcome bonus of $100 cash rewards after spending $500 in qualifying purchases in the first three months.