Why 1 Organization Says It's Time For RealTalk! 10/25/2021 07:55 pm MADISON, Wis.—Tough conversations are just that—tough to initiate, and difficult conversations in the workplace can be even more difficult for women, according to CUES.
GreenState CU To Buy Another Bank: Midwest Community Bank 10/25/2021 07:46 pm NORTH LIBERTY, Iowa—The $8-billion GreenState Credit Union here has agreed to purchase $411-million Midwest Community Bank, based in Freeport, Ill., and its subsidiary, Blueleaf Lending, LLC.
Higher Threshold in Revised IRS Reporting Proposal Doesn’t Help CUs or Members, Says NAFCU’s Thaler 10/25/2021 07:41 pm ARLINGTON, Va.–A significant change in a plan before Congress to lift to $10,000 from $600 the threshold at which financial institutions would have to report transactions to the Internal Revenue Service has done nothing to change NAFCU’s opposition to the proposal.
UNIFY Financial CU First to Offer Members Ability to Buy, Sell, Hold Bitcoin 10/25/2021 07:45 pm TORRANCE, Calif.–UNIFY Financial Credit Union and Five Star Bank are reporting they have become the first financial institutions in the U.S. to enable their members/customers and members to buy, sell and hold bitcoin.
BluCurrent CU Selects PSCU for Credit, Debit Solutions; Lumin Digital for Online & Mobile Banking 10/25/2021 08:04 pm SPRINGFIELD, Mo.–BluCurrent Credit Union has selected PSCU for debit and credit processing services and PSCU subsidiary Lumin Digital for online and mobile digital banking solutions.
In Reconciliation Bill, One Win, One Loss for CUs—But That’s Just For Now 11/01/2021 07:48 pm ARLINGTON, Va.–Credit unions appear to have one win and one loss when it comes to provisions of particular interest in the trillion-dollar-plus reconciliation bill before the House, but could that change?
CoVantage Credit Union Latest to Announce it Has Eliminated Overdraft Fees 11/01/2021 07:47 pm ANTIGO, Wis.–CoVantage Credit Union has become the latest CU to report it will no longer charge overdrafts fees of any kind. The policy went into effect Nov. 1.
Treasury Should Improve Communication on Incentives and Programs to Underserved Communities, Berger Writes 11/01/2021 07:46 pm ARLINGTON, Va.–In response to the Treasury Department’s 2022-26 strategic plan, NAFCU President and CEO Dan Berger has sent a letter offering recommendations, most especially a need for clearer information on incentives and programs to underserved communities.
New CFPB Director Offered Some Welcome Views, But It’s The Actions That Will Matter, Notes One Person 11/01/2021 07:47 pm WASHINGTON–Although he appeared before Congress last week, it’s too early to tell what a new director at the CFPB will mean for credit unions, according to one person.
Increase in Member Loans, Savings Can Be Seen in Latest CUNA Monthly CU Estimates 11/01/2021 07:45 pm WASHINGTON—An increase in both member loan balances and savings can be seen in data released as part of CUNA’s August Monthly Credit Union Estimates.