RANCHO-CUCAMONGA, Calif.—As expected, January spending fell following a strong holiday shopping season, but a strengthening economy is helping to boost consumer confidence in the new year, Co-op Solutions reported.
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SACRAMENTO, Calif.—Major credit card companies are moving to make a merchant code available for firearm and ammunition retailers in order to comply with a new California law that will allow banks to potentially track suspicious gun purchases and report them to law enforcement.
COCHRANE, Alberta–During the credit union’s annual meeting, the CEO of one CU here was faced with members demanding answers over the sponsorship of an event that featured former Fox News commentator Tucker Carlson, saying it was part of a broader effort to expand its membership in socially conservative circles.
PORTSMOUTH, N.H.— Northeast Credit Union is the latest CU to have to caution its members over a scam, in this case related to cryptocurrency.
WASHINGTON–The Federal Reserve has released its hypothetical scenarios for annual stress tests in 2024 for very large banks, including new, “exploratory” elements designed to test different risks of the banking system.
WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released updated guidance and geographic eligibility data files for several programs.
ALBANY, N.Y. — Under a new state law, businesses in New York are now required to clearly post exactly how much their products will cost if customers pay with a credit card, under a new state law that just took effect.
IRVINE, Calif. – Origence, a provider of lending technology solutions, said it is celebrating its 30th year of operations in 2024 by hitting a historic achievement of funding $551.2 billion in loans.
DETROIT — MSU Federal Credit Union said it has become a presenting sponsor for the Detroit Free Press Marathon. The deal is to run for three years, with the credit union saying it builds on the successful collaboration from the previous year.
SPRINGFIELD, Ore. — SELCO Community Credit Union has launched SELCO Steps Up, which it is describing as a “reimagined and expanded” approach to community involvement.