ATLANTA—Saying it is seeking to support financially inclusive mortgage lending, Equifax said it has become the first national credit reporting agency to make certain telecommunications, pay TV and utilities attributes available to mortgage lenders to “provide a fuller picture of consumers' financial profiles.”
Fresh Today
BOISE, Idaho–Bill related to firearms and ammunition have been introduced in two separate states that would affect credit unions and banks if enacted.
LIMA, Peru—The USAID/World Council of Credit Unions’ Economic Inclusion Project (EIP) in February is reporting it shared how it has generated opportunities for nearly 100,000 Venezuelan migrants, as well as local, vulnerable populations in Peru and Ecuador, according to WOCCU.
RALEIGH, N.C.– With a donation of $1 per month by members, State Employees’ Credit Union is reporting its 2.7 million members are making a “powerful impact” in North Carolina’s most economically distressed communities.
NEW YORK—Same Day ACH and B2B payments on the ACH Network saw double-digit growth in 2022, new data show.
PORTLAND, Maine–Town & Country FCU has entered into a partnership with the House of Languages to provide on-demand phone and video translation services as well as scheduled in-person options.
NEW YORK—In an apparent effort to attract low-cost deposits as liquidity becomes a growing challenge—the issue was referenced numerous times during CUNA’s GAC everywhere from the main stage by NCUA board members to hallway discussions–Citibank is offering cash bonuses of $200, $500, $1,000, $1,500 and even $2,000 to new customers who open a Citibank, Citi Priority, Citigold, or Basic Banking checking account before April 4.
BONITA SPRINGS, Fla.–After employees at one of its branches in its home state formed a union, employees at a branch of Lake Michigan Credit Union in Southwest Florida are now looking to do the same.
WASHINGTON–There is a new legal risk potentially facing credit unions and it involves wiretapping and a law firm that has been a serial filer of lawsuits against CUs related to overdraft disclosures.
WASHINGTON–Representatives of the World Council of Credit Unions and its partners shared with attendees at a CUNA GAC breakout session how their advocacy efforts have led to “meaningful change” in wartime Ukraine.