BASEL, Switzerland—Central bank digital currencies (CBDC) will never have full interconnectedness due to cross-border limitations, according to the head of the Bank for International Settlements (BIS) Innovation Hub.
Fresh Today
ALEXANDRIA, Va.–NCUA said it will partner with the Government National Mortgage Association today to co-host a webinar, “Ginnie Mae 101.”
ARLINGTON, Va.—Credit union leaders’ outlook on the economy and the future of their credit union rose in January, bouncing back from a decline in optimism in December, NAFCU’s Credit Union Sentiment Index (CUSI) shows.
WASHINGTON–The CFPB is alleging the largest credit card companies continue to suppress actual payment data on consumer credit reports, providing three reasons the companies are doing so.
EUGENE, Ore.–Oregon Community Credit Union is reporting that since implementing an innovative in-house program to apply dynamic hold limits when members deposit checks via its mobile app, shared branches and ATMs in July 2022, nearly 5,200 OCCU members have benefitted from earlier access to their funds.
OXFORD, Maine–Oxford Federal Credit Union has named a new president and CEO to succeed Matt Kaubris, who is retiring.
SALEM, Ore.–A delegation of credit union representatives was on hand at the state capitol here for the introduction of a new bill that would add one future planning credit to the state's high school curriculum and help students apply “crucial financial empowerment standards to their future,” according to the GoWest Credit Union Association.
MADISON, Wis.—The Credit Union Executives Society (CUES) said registration is now open for CUES Governance Leadership Institute I and CUES Governance Leadership Institute II: Emerging Technologies, held in partnership with the Rotman School of Management at the University of Toronto.
WESTBROOK, Maine–The Maine Credit Union League is reporting its Maine Credit Unions’ Campaign for Ending Hunger raised $1,000,434.19 in food and cash donations during 2022, surpassing its $1 million fundraising goal for the first time.
ANN ARBOR, Mich.–Credit unions seeking to help their members may want to give heed to a new report that found just one-third of American adults say they are putting money away for retirement.