PLANO, Texas–Volunteer Corporate CU (VolCorp) has entered into a partnership with Catalyst Corporate FCU to offer Catalyst’s TranzCapture item processing services to its members.
Fresh Today
ALEXANDRIA, Va. –Three items are on the agenda for today’s NCUA board meeting.
BASEL, Switzerland—The Financial Stability Board (FSB) has published its assessment of international data standards relevant to cross-border payments,the FSB announced.
WASHINGTON–Navy Federal Credit Union has reached out to Capitol Hill seeking assistance in resolving an issue related to deposit insurance and a contract Navy FCU has won to operate bank branches on military bases.
WASHINGTON–Surprising strength in the latest consumer spending numbers could convince the Federal Reserve it needs to push up rates one more time, according to one credit union economist.
ST. PETERSBURG, Fla.–While consumer behavior remained positive in both credit and debit, changes in that behavior can be seen in new data, according to the October edition of the PSCU Payments Index.
WASHINGTON— Concerns are being raised over the changes being proposed by the Federal Housing Finance Agency (FHFA) to credit report requirements for the government-sponsored enterprises (GSEs) by a group of Senate Republicans, led by Senate Banking Committee Ranking Member Tim Scott (R-SC).
WASHINGTON—Ahead of a hearing by the Senate Banking subcommittee on how community development financial institutions (CDFIs) support housing and economic opportunity, NAFCU Vice President of Legislative Affairs Brad Thaler told the committee in a letter that “roughly 40% of certified CDFIs are credit unions, serving a large portion of communities who have historically been underserved by mainstream financial institutions.”
WASHINGTON—CUNA has sent letters in support of two credit union organizations’ applications for funding under the Environmental Protection Agency’s Greenhouse Gas Reduction Fund: Ecority and Inclusiv.
MADISON, Wis.—TruStage’s new CEO has offered some early insights into one of the first big challenges he faces, a labor dispute with a union representing many of its workers.