NEW YORK—A new report has found American Express—long positioned as the card of choice among wealthier Americans—no longer holds that distinction.
Fresh Today
PURCHASE, N.Y.—Mastercard has introduced new payment solutions for women entrepreneurs in one part of the world.
NEW YORK—The returns savers stand to get on their money are the highest they’ve been in 15 years, a new report shows. The news will not come as a big surprise to credit unions that have had to move to raise deposit rates in order to attract and retain funds.
WASHINGTON — New data help explain why government officials declared the failures of Silicon Valley Bank and Signature Bank to be a risk to not just their customers, but also the entire financial system, according to a new analysis.
WASHINGTON–The CU Capital Markets Symposium recently hosted in New York City by NCUA Board Member Rodney Hood is another sign it’s time to end the credit union tax exemption, according to one executive with the American Bankers Association.
WASHINGTON— With vendors to credit unions increasingly touting AI-based solutions, four federal agencies have issued a statement saying they will uphold “America’s commitment to the core principles of fairness, equality, and justice” as emerging automated systems, including those sometimes marketed as “artificial intelligence” have become increasingly common in consumers daily lives.
SAN FRANCISCO–A newly released earnings report reveals approximately $100 billion in deposits was withdrawn by customers of First Republic Bank in March as concerns grew over its financial condition.
ALEXANDRIA, Va.–NCUA said it will host a webinar today to discuss the upcoming 2023 Community Development Revolving Loan Fund grant round and other topics of interest to small and MDI credit unions.
WASHINGTON—CUNA, NAFCU, and the Defense Credit Union Council have sent a letter to House and Senate Armed Services Committee leaders in advance of consideration of the FY24 National Defense Authorization Act (NDAA) today.
OMAHA, Neb.– Saying it was facing higher costs for aging ATM replacement, Omaha Firefighters Credit Union said it has selected Dolphin Debit to manage its ATM operations.
