WACO, Texas–– Gary Parker, who spent his entire half-century career in the credit union industry, has retired as president and CEO of 1st University Credit Union. The credit union told CUToday.info a successor has been named and will be announced in a few days.
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MADISON, Wis.—A bill filed in the Wisconsin House seeks to “limit the impact” of any central bank digital currency (CBDC), creating “potentially significant roadblocks to its use in the state,” according to a new report.
WASHINGTON–Minutes from the Federal Reserve’s final meeting of 2023 indicate the central bank was looking to send a signal that interest rates have likely peaked, although they could be raised again in the future should inflation rise again.
WASHINGTON—Consumers are increasingly relying on credit cards to maintain their lifestyles while grappling with inflation and rate increases, more are relying on credit cards, a new report suggests.
DALEVILLE, Ala.–All In Credit Union said it has entered into a purchase and assumption agreement to acquire five branch locations of Louisville, Ala.-based 22nd State Bank.
VIENNA, Va.–Additional details have become available on the class action lawsuit filed against Navy Federal Credit Union over alleged mortgage bias.
SCARBOROUGH, Majne–To show some appreciation for emergency healthcare workers who had to work on New Year’s Day, Town & Country FCU provided pizza to nearly 250 ER workers at Maine Medical Center, Mercy – Northern Light Hospital, and Southern Maine Health Care.
FALCON HEIGHTS, Minn.–The new year marks the official launch of one of the largest credit unions in Minnesota.
HARRISBURG, Penn.—The social media platform X, formerly known as Twitter, has been approved for payments services from Pennsylvania.
WASHINGTON –With the new year, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports.