ST. PETERSBURG, Fla.–More than half of credit union leaders are less than enthused about providing cryptocurrency products to their members.
Fresh Today
BANNOCKBURN, Ill. –As CUToday.info has been reporting, credit unions seeking deposits have been forced by a competitive market to dangle some attractive offers, particularly on certificates. That includes Great Lakes Credit Union (GLCU), which has launched a three-month share certificate paying a 4.85% APY.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has proposed a rule it said is designed to implement a congressional mandate to establish consumer protections for residential Property Assessed Clean Energy loans, better known as PACE loans.
HARTFORD, Conn.–A bill that would require financial literacy education is moving through the Connecticut General Assembly with bipartisan support.
WASHINGTON—The Financial Crimes Enforcement Network has assessed a $1.5 million civil money penalty on South Dakota-chartered The Kingdom Trust Company for “willful violations” of the Bank Secrecy Act (BSA) and its implementing regulations, FinCEN reported.
DES MOINES–Curql Collective is reporting it has added a new fintech Ecosystem Partner: Nickels.
ST. PAUL, Minn. – The Credit Union Financial Education Network (CUFEN) has announced updates to its reporting system it said will “better supply critical data to senior credit union leaders fighting for mandated financial education nationwide.”
WASHINGTON—While new data show the U.S. economy slowed in the first quarter, one CU economist sees some positive signs.
COSTA MESA, Calif.–Banking customers are increasingly concerned over the stability of the U.S. banking system, according to a new survey conducted by J.D. Power.
MADISON, Wis.–A labor union representing approximately 450 workers at CUNA Mutual Group have voted in favor of going on strike if an agreement cannot be reached soon.