WASHINGTON—The Federal Communications Commission should terminate the exemption to call authentication requirements of the TRACED Act for non-IP networks or set deadlines for providers to upgrade to IP networks or implement an alternate caller ID framework solutions, CUNA, NAFCU and other organizations wrote to the FCC.
Fresh Today
WASHINGTON –Timothy L. Anderson, president and CEO of United States Senate FCU, conducted a sit-down interview with Oregon Senator Ron Wyden (D) to discuss the credit union business model, its mission of equalizing financial opportunity for all, and the advantages of nonprofit financial services.
ALEXANDRIA, Va.–NCUA has sent Letter to Federal Credit Unions (23-FCU-01) noting federal credit union operating fees will decrease by an average of approximately 1.8% in 2023.
MADISON, Wis.– There is potential for the disruption of financial services to credit unions from CUNA Mutual Group (CMG) due to a labor dispute over contract negotiations between the company and the 450-plus employees represented by Office and Professional Employees International Union Local 39, according to a letter that has been sent to credit union leaders across the country.
WASHINGTON–The Worldwide Foundation for Credit Unions is reporting that during December it disbursed three new grants worth a total of $355,000 from its Ukrainian Credit Union Displacement Fund to help credit unions in Ukraine cover the cost of operating expenses, purchase alternative sources of power and recover the unpaid interest on loans as part of its continuing effort to provide relief amid Russia’s ongoing full-scale invasion of Ukraine.
SOUTHFIELD, Mich.—Membership in Michigan’s credit unions is nearing six-million, as the lingering effects of a slower economy continue to be felt, according to new data released by the Michigan Credit Union League.
NEW YORK—New research shows that people with super-prime credit—those who have a FICO score of 780-850—on average earn $9.50 in rewards and pay $7.10 less in interest each month on rewards cards compared to run-of-the-mill classic cards.
BOSTON—Small business owners are expressing some optimism about their futures.
DES MOINES, Iowa– Curql Collective and CUNA Strategic Services have announced to plans to host VentureTech 2023 Nov. 6-8 at the Omni Frisco Hotel in Frisco, Texas.
VANCOUVER, B.C.–British Columbia’s financial services authority is warning residents to they are only doing business with authorized banks and credit unions.