ST. PETERSBURG, Fla.—The effects of inflation can be seen in new data around CU member spending on their cards during the holidays, according to PSCU.
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EAST HARTFORD, Conn.–Two Connecticut credit unions said they are seeking to merge.
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has issued a new circular affirming that companies offering “negative option” subscription services must comply with federal consumer financial protection law.
SANTA ROSA, Calif.–Union Credit, which describes itself as the “first marketplace for credit unions to deliver perpetual credit approval and one-click loan activation to new member prospects,” is launching with $5 million in seed funding led by CUNA Mutual’s venture capital fund, CMFG Ventures.
SPARKS, Md.–First Financial Credit Union reported its members received more than $2.3-million in rebates as part of its quarterly rewards program during 2022.
MADISON, Wis.–CUNA Mutual will host a webinar titled “Lessons in Generation Flux—Succeeding in an Age of Chaos” on Feb. 8. The webinar will run from 2-3 p.m. ET and is part of the company’s Discovery Webinar series.
WASHINGTON–The Community Development Financial Institutions Fund (CDFI Fund) has opened the fiscal year (FY) 2023 funding round for the Capital Magnet Fund.
WOODLAND, Calif.–Yolo Federal Credit Union has expanded its field of membership to El Dorado, Placer, Sacramento, and Yolo counties in California.
ALEXANDRIA, Va.—NAFCU met with NCUA Chairman Todd Harper this week at the agency’s headquarters here and discussed credit union priorities.
WASHINGTON—WealthPress, which provides investment advice, has agreed to a proposed court order that would require it to refund more than $1.2 million to consumers and pay a $500,000 civil penalty for deceiving consumers with “outlandish and false” claims about their services.