RALEIGH, N.C.–Despite strong opposition from the state’s bankers, North Carolina’s House Banking Committee has voted topass House Bill 410, “Cre
Fresh Today
MADISON, Wis.—The World Council of Credit Unions (WOCCU) is reporting that climate action donations from its 2023 World Credit Union Conference (WCUC) attendees will go toward a cooperative-owned initiative to restore and reforest 3,500 hectares (8,649 acres) of degraded pastureland in rural Colombia.
RICHMOND, Ky. — Commonwealth Credit Union (CCU) has provided Eastern Kentucky University (EKU) a $1 million gift to support the Evans Banking and Financial Services program and the establishment of a new certificate program in Financial Technology and Cybercrime.
ARLINGTON, Va.—The nominating ballot phase of the 2023 NAFCU board elections has ended.
CARDIFF, Wales–The government of Wales said it is providing an additional £600,000 in funding for credit unions to support ethical and affordable lending during the cost of living crisis.
WASHINGTON—The Federal Trade Commission said it has taken action to stop Nexway, a multinational payment processing company, along with its CEO and chief strategy officer, from serving as a facilitator for tech support scammers through credit card laundering.
CHAMPAIGN, Ill.— U of I Community Credit Union (UICCU) said it has entered into an agreement to purchase and assume certain consumer deposits from the CIBM Bank branch located in Danville, Ill.
NEW YORK–Consumers are starting to fall behind on their credit card and loan payments as the economy softens, according to some of the country’s biggest U.S. banks, although delinquency levels remain modest.
WASHINGTON–The Federal Reserve’s latest Beige Books shows tighter lending standards by banks across the nation.
WASHINGTON—The U.S. Environmental Protection Agency (EPA) has released new details about the design of the $27-billion Greenhouse Gas Reduction Fund (GGRF), a “first-of-its-kind,” national-scale competitive grant program created by the President’s Inflation Reduction Act.