WASHINGTON—The Community Development Financial Institutions (CDFI) Fund has postponed until Feb. 8 a webinar it said is designed to help organizations understand the requirements of its revised CDFI Certification Application. It was originally scheduled for today.
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SAN FRANCISCO—The fintech Brightwell said it has entered into a partnership with Visa in order to enable payouts to bank accounts and wallets through the use of Visa Direct.
WABASH, Ind.–In the fourth such deal this year, Beacon Credit Union said it plans to acquire Mid-Southern Savings Bank of Salem, Ind.
BOSTON–New research suggests consumers are increasingly turning away from traditional financial providers such as banks and credit unions for core products and instead turning to other providers, such as fintechs. But those traditional providers still have some strengths, the survey found.
NEW YORK–Few industries have invested as much time and attention into “wellness” as have credit unions, but a new study finds many workplace wellness offerings have little positive effect, and some even have negative effects.
WASHINGTON–With the exception of two hearings of interest to credit unions, beyond the general concerns that some threatening language might be added to a bill, there is little of specific concern getting attention from credit unions on Capitol Hill this week.
PHILADELPHIA— A growing number of Americans are falling behind on their monthly credit card payments, in part due to inflation and interest rates, according to new data published by the Federal Reserve Bank of Philadelphia.
WASHINGTON– The Community Development Financial Institutions Fund (CDFI Fund) has released the application data for the fiscal year (FY) 2024 round of its Small Dollar Loan Program (SDL Program).
SAGINAW, Mich.– Wildfire Credit Union has named a new president and CEO.
MADISON, Wis.—The University of Wisconsin-Madison’s Center for Cooperatives and Northeastern University’s D’Amore-McKim School of Business recently joined America’s Credit Unions for a workshop that was designed to provide an academic analysis on the credit union difference.