Fresh Today

RALEIGH, N.C.–  Professional League Resources (PLR), a subsidiary of the Carolinas Credit Union League (CCUL), said it has entered into a partnership with Dolphin Debit, the ATM and ITM management company.

WEST VALLEY CITY, Utah— Utah First Credit Union has bought the naming rights to a popular outdoor venue in West Valley of Utah.

WASHINGTON—The Federal Trade Commission’s Office of Technology is hosting a free virtual tech summit today that will be largely focused on artificial intelligence. The event runs from 12-4:30 p.m. ET.

SPOKANE, Wash.–CU Strategic Planning is reporting three of its client credit unions have been awarded $200,000 in grants each through California’s Investment and Innovation Fund Program.

LONDON—Almost one-quarter of users of buy now, pay later (BNPL) financing in the United Kingdom have been charged late repayment fees, with younger consumers hit hardest, according to new research.

HAMILTON, Ontario–In a preview of a trend that will likely soon be arriving at credit unions in the U.S., FirstOntario Credit Union said it is partnering with Everlink and Flinks to provide its members with open banking services.

SEATTLE—Credit unions have some big company when it comes to objecting to CFPB oversight: Amazon.

KALAMAZOO, Mich.–Advia Credit Union said it is reaching across state lines to buy a bank. 

KOLOA, Kauai–Just hours after the CFPB announced its long-awaited proposal around junk fees it said are proliferating or threaten to proliferate related to transactions declined at the point of swipe, tap, or click–and just a week after its proposal to cut down overdraft fees--NCUA Chairman Todd Harper and NASCUS President and CEO Brian Knight shared their views on the question of what are “junk fees.”

MADISON, Wis.–Credit union leaders and their ALCOs will likely need to wait until the spring before they see any reductions in rates by the Federal Reserve, according to the latest forecast from TruStage.