RALEIGH, N.C.–State Employees’ Credit Union, whose 2014 disaffiliation from CUNA and the Carolinas Credit Union League led to a change in CUNA’s bylaws, has reaffiliated with the league.
THE news
SYDNEY, Australia–Young men are leading the way when it comes to using digital payment technology—and also spending more, according to a new survey.
WASHINGTON–The cost of the credit union tax exemption to the Federal Treasury will be $14.4 billion between 2016 and 2020, according to an estimate included in a new report from the congressional Joint Committee on Taxation.
LOS ANGELES–Like all other retailers and financial institutions, credit unions have been somewhat obsessed with attracting and retaining Millennials as members.
CUPERTINO, Calif.—Apple Pay saw usage jump by 50% between December 2015 and December 2016, according to data from consumer spending analytics portal TXN.
CUPERTINO, Calif.—Good news for Apple Pay and credit unions that support the digital wallet—Apple accounted for nearly one-third of holiday smartphone sales.
WASHINGTON–It will continue to be challenging for many Americans, and CU members, to purchase a home, as home prices continue to rise.
SCRANTON, Penn.—The troubled Valor Credit Union, whose former CEO has pleaded guilty to bank fraud, is seeking to merge with Pentagon FCU.
CHICAGO–Credit unions across the United States have now returned more than $100 million to their members as part of bonus dividends and loan interest refunds based on their relationships during 2016.
ALEXANDRIA, Va.–The federal hiring freeze announced by the Trump administration will not likely affect NCUA. Federal financial regulatory agencies are exempt from the freeze, according to an interpretation by the law firm Davis Polk, reported RegReport.com.