PALM BEACH GARDENS, Fla.–An independent ratings agency has issued a statement warning that as many as 4,243 financial institutions, including credit unions, “could be vulnerable to failure.”
Fresh Today
WASHINGTON—The credit union tax exemption allows CUs “to reach out in areas banks couldn’t and serve those that banks wouldn’t,” according to a letter sent by NAFCU to Congress.
DANVILLE, Penn.–A mother and daughter have pleaded guilty to bank fraud charges related to their roles at a former credit union.
CHICAGO- United Credit Union said it has launched “Second Chance Loans,” a payday loan alternative that “aims to empower credit-challenged members.”
SAN FRANCISCO–Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit that, essentially, was all about previous lawsuits and its scandals.
PALM COAST, Fla.–More than a half-dozen new job openings have been added to CUToday.info’s the Gig.
PURCHASE, N.Y.—Mastercard has launched a new service called Mastercard Crypto Credentials that it said allows banks and other financial institutions to store and verify customers' digital assets, including cryptocurrencies.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced that credit unions can still apply to participate in the agency’s Velocity TechSprint, which is set for July 10-13 in Washington, D.C.
BOSTON–A new analysis of small business owners’ views of their current state and what lies ahead can be summed up in two words, according to its authors: “economic backslide.”
SEATTLE—Credit unions and other card issuers have even more to be worried about when it comes to competing with Amazon’s offers, as the company has rebranded its credit cards and upgraded benefits, according to a new report.