NEW YORK–Credit unions’ lending volumes are tightly tied to auto loans, and a surprise in 2022 has been just how strong auto sales have been this year.
Fresh Today
NEW YORK–With most credit unions either having settled upon their post-pandemic work policies, or are still experimenting with various approaches, at least one analysis is suggesting there are “damaging consequences” from of the mandated return to office.”
NEW YORK–While the headlines, including in CUToday.info, have been ablaze about the proliferation of generative AI tools like ChatGPT, with many predicting the new tech will replace workers in various fields, not everyone agrees.
ALEXANDRIA, Va.–NCUA has sent to Congress its report on Minority Depository Institution (MDI) credit unions—which represent about one in 10 federally insured CUs—saying they remain “well positioned to provide access to safe, fair, and affordable financial products and services within under-resourced communities.”
LITTLE ROCK, Ark. — Arkansas Federal Credit Union is reporting it has received certification as a community development financial institution from the Treasury Department.
RICHLAND, Wash.‒ Gesa Credit Union is marking a milestone by staging a 70th Birthday Cash Giveaway promotion and further noting how much it gives back to its communities every year.
WASHINGTON—NAFCU has made a number of recommendations to the National Automated Clearinghouse Association (Nacha) in response to its request for information (RFI) on automated clearinghouse (ACH) risk management and Nacha operating rules.
NEW YORK—After ongoing reports of issues between the two companies, Goldman Sachs is reportedly seeking to exit its card processing partnership with Apple, as well as its role in Apple’s new BNPL offering.
ALEXANDRIA, Va.—With one third of NCUA’s regulations up for their annual review, NAFCU has sent a letter to the agency offering its input on where it wants to see action taken.
WASHINGTON—The Cybersecurity and Infrastructure Security Agency (CISA) has issued the Progress Software Releases Security Advisory for MOVEit Transfer, a Cybersecurity Alert addressing a critical vulnerability that affects the MOVEit Transfer web application.