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ALEXANDRIA, Va. –NCUA has awarded more than $1.5 million in Community Development Revolving Loan Fund grants to help 90 low-income credit unions expand outreach to underserved communities, participate in mentoring relationships, receive training, and improve digital services and security.

WASHINGTON–A group of congressional Democrats wants to investigate a fintech that is offering buy now, pay later (BNPL) financing to the gun industry in which one company that uses the service  promotes as “Buy Now, Shoot Later.”

PHILADELPHIA–With college football already underway this year and the NFL kicking off its season this weekend, a new survey offers insights into whether inflation will affect sports betting and whether people are going into card debt to do so.

NEW YORK–The need to combat high inflation is likely to require lifting the central bank’s benchmark short-term interest rate above 3.5% and then holding it at that level through next year, according to Federal Reserve Bank of New York President John Williams.

CHARLOTTE, N.C.–Bank of America is piloting a new program that offers mortgages to Black and Latino first-time homeowners that do not require down payments, minimum credit scores or closing costs.

MADISON, Wis. – Summit Credit Union has obtained naming rights to an endzone space in the University of Wisconsin’s newly renovated Camp Randall Stadium to be known as the “Summit Credit Union Fifth Quarter Patio.”

ST. PETE BEACH, Fla.–It’s become a mantra—“Culture eats strategy for breakfast”—but it’s also wrong, according to one person who is helping oversee a culture change at the nation’s second-largest credit union and who recommends that culture and strategy instead sit down and have a meal together.

WASHINGTON—The credit unions that do one thing best tend to be the most successful, according to a new analysis. Get the formula right, and it varies for each credit union, and the organization will see growth numbers rise, CUCollaborate says.

BRUSSELS, Belgium—With potential regulation of cryptocurrency on the agenda in Congress, the European Union has created its first rules for tracing transfers of cryptoassets.

NEW YORK-Researchers at Goldman Sachs have released a new paper that now forecasts that activity in the U.S. housing market will end 2022 down across the board.