BROOKFIELD, Wis.–Fiserv has released its annual Corporate Social Responsibility (CSR) Report, which details the company’s commitment to its people and “positive impact on communities around the world,” and which provides an update on progress on CSR and Environmental, Social and Governance (ESG) programs.
DECATUR, Ill.–Land of Lincoln Credit Union said it is acquiring Nokomis Savings Bank in Nokomis, Ill. Terms of the deal were not released.
WASHINGTON–With the Federal Reserve largely expected to raise rates another 25 basis points before it adjourns its May meeting on Wednesday, a new analysis by WalletHub has found the 500 basis points in increases since March 2022 will cost people with credit card debt at least $33.4 billion over the next 12 months.
WASHINGTON— Private sector wage growth in the first quarter was 5.1%, the same as the fourth quarter of 2022, according to the new Employment Cost Index released by the Bureau of Labor Statistics.
WASHINGTON—The House of Representatives is in recess this week, and both CUNA and NAFCU say they will be focused on Senate hearings as well as the comment deadline for the CFPB’s credit card late fee proposal—although most eyes in Washington this week will be across town on the Fed.
WASHINGTON–CUNA said it has “serious reservations” over the “troublesome recommendations” made in a new GAO report.
WASHINGTON– The Treasury Department’s CDFI Fund has published an update on revisions it is making to the CDFI certification application.
TUCSON, Ariz.–Hughes Federal Credit Union has named a new president and CEO to succeed the retired Robert Swick. The credit union has selected Executive Vice President-Lending Andrew Britton to lead the organization.
ALEXANDRIA, Va.–To mark Older Americans Month, NCUA said it is partnering with AARP and the CFPB to host a webinar that addresses how society views and talks about financial crimes against older adults.
ROCKVILLE CENTRE, N.Y.–Ocean Financial Federal Credit Union said it is pledging $500,000 over a five-year period to Molloy University with an aim of improving the financial literacy of Molloy students. The funding also includes sponsorship of a number of high-profile events at the university.
