WASHINGTON—The development of a comprehensive national standard regulating digital assets will level the playing field and protect consumers, CUNA wrote to a joint House Financial Services and House Agriculture subcommittee hearing.
Fresh Today
WASHINGTON—Legal cannabis businesses need access to safe and secure financial services, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Committee ahead of its hearing on cannabis banking.
SPRINGFIELD, Mass.–Following a 38-year career, Mass Mutual FCU CEO Dave Plantier said he plans to retire effective July 5.
SAN JOSE, Calif.–FICO is now accepting credit union and bank applications for its 2023 Inclusion Accelerator program.
COLUMBIA, S.C./RALEIGH, N.C.–New analysis released by the Carolinas Credit Union League has found nearly6.5 million Carolinians shared $526.7 million in direct benefits as credit union members in 2022. The findings are based on data compiled by CUNA Economics and Statistics.
PARSIPPANY, N.J.–Garden Savings FCU has introduced an artificial intelligence-powered phone assistant named, Alex.
NEW YORK—Another consumer survey, another finding that consumers are feeling significant anxiety around their finances that offers an opportunity to credit unions.
NEW YORK—Households are facing a shrinking reserve of savings and a growing mountain of high-interest consumer debt, another report as found.
DUBLIN, Ireland–Social enterprise funder Community Finance Ireland (CFI) has announced plans to collaborate with this country’s credit unions on a co-lending project to help enhance lending to charities and sporting groups.
WASHINGTON—The White House is supporting a plan that would impose a 30% tax on the electricity used in cryptocurrency mining. The tax, which would potentially be included in the next federal budget, seeks to minimize the nascent industry’s impact on climate change, Yahoo News reported.