BAXTER, Minn. –Three credit unions have named new CEOs, including one CU’s chairman who is leading the organization on an interim basis.
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NEW YORK– Glia, a provider of digital member service options, said it has launched a CUSO.
BISMARCK, N.D.– A bill has been introduced into the 68th North Dakota State Legislative Assembly that aims to provide relief to state-chartered CUs from one of the “strictest field of membership statutes in the nation.” The legislation, SB 2266, is being supported by the Dakota Credit Union Association.
NEW YORK—After years of warily watching fintechs erode member relationships in mainstream financial offerings such as credit products, savings accounts and even mortgages, there is now a new target for the tech upstarts, according to a new report.
STAMFORD, Conn.–What is driving gig workers’ choices? A new “deep dive” offers some insights, according to Legal & General, which conducted the survey of gig workers.
NEW YORK—The growing number of digital payments, including the growing acceptance around digital wallets, along with growth in account-to-account transfers are likely going to cost banks and credit unions a lot of interchange revenue, a new report suggests.
NEW YORK— Crypto firm Digital Currency Group is under investigation by U.S. prosecutors over money transfers at its brokerage subsidiary Genesis.
CARROLLTON, Texas—Although profitable and well-capitalized, NCUA has placed $28-million Valwood Park Federal Credit Union here into conservatorship.
WASHINGTON—The Federal Reserve has released its first Beige Book of 2023 this week, finding relatively unchanged economic activity since the previous report.
SCOTTSDALE, Ariz.–New research released by Cornerstone Advisors has found the interest rate environment and cost of funds are community bank and credit union executives' greatest concerns for 2023.