PLANO, Texas–The Cornerstone Foundation, the philanthropic arm of the Cornerstone Credit Union League, has launched Friends of the Foundation, a new initiative it said it aimed at helping “ensure the sustainability of the credit union movement and expand eligible credit unions’ field of membership.”
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NORTH CHESTERFIELD, Va.–After being denied a desired field of membership expansion by Virginia’s State Corporation Commission in 2022, Virginia Credit Union is now looking to move to a federal charter.
WASHINGTON—The Federal Trade Commission has approved a proposed consent order to resolve antitrust concerns surrounding Intercontinental Exchange, Inc.’s (ICE) proposed $13.1 billion acquisition of Black Knight, a deal involving a major player in the mortgage servicing market.
VIENNA, Va. –Navy Federal Credit Union said it is partnering with the Chicago-based hunger-relief organization Feeding America to launch No Plate Left Behind as part of an effort to raise awareness about military food insecurity and help servicemembers, veterans, and their families put food on their tables.
NEW YORK—That having children is costly may not be surprising — but the extent to which parents with children depend on credit cards to cover those costs is, a new study shows.
DUBLIN, Ireland–Ireland’s credit unions could become significantly bigger players in the mortgage market in this country with the introduction of the Credit Union (Amendment) Bill that will allow CUs to double the amount of mortgage and commercial lending they currently do.
MOUNTAIN VIEW, Calif.—Credit Sesame has unveiled a new product that aims to help individuals build and enhance their credit scores through their everyday debit purchases.
WASHINGTON—The FBI is aggressively and rapidly escalating efforts to crack down on the illicit usage of cryptocurrencies across a wide range of criminal activities.
LONDON—A new study is raising concerns over the commitment of U.K. cryptocurrency firms when it comes to effective customer verification.
TROY, Mich.–Americans are attempting to pay down debt even as “inflation recognition” continues, according to a new study from J.D. Power that suggests financial institutions have gotten more proactive in providing budgeting assistance.