Advanced search

ST. PETERSBURG, Fla.—Card payment volume growth rates—particularly credit—continued to show overall strength in the most recent analysis released by PSCU’s Advisors Plus and Data & Analytics teams.

ARLINGTON, Va.–That House Speaker Nancy Pelosi (D-CA) and Treasury Secretary Steven Mnuchin remain in negotiations over a new stimulus package is no secret; what remains unknown is exactly what such a package might contain, with various Washington reports suggesting a range of options.

WASHINGTON–CUNA has sent a letter to NCUA regarding now it determines its operating fee, with a specific focus on not counting PPP loans toward CU assets.

HASTINGS, Mich.—The $2.2-billion Lake Trust Credit Union announced it intends to purchase the Hastings, Mich., branch of Mercantile Bank of Michigan. The bank said it is shedding the branch in response to the shift by consumers to increasingly use  electronic banking.

WASHINGTON—House Financial Services Committee Member Barry Loudermilk (R-GA) has introduced legislation to require federal banking agencies – including the NCUA – to exclude Paycheck Protection Program (PPP) loans from certain asset calculations.

NEW YORK—Even though millions of Americans have lost their jobs and income as a result of the coronavirus pandemic in 2020, with many skipping debt payments, consumer credit scores have actually increased.

SEATTLE—While overall consumer credit scores actually remain on the rise, during the seven months of the COVID-19 pandemic many Americans continue to struggle with making ends meet.

BOULDER, Colo.–To help meet the critical needs within our community resulting from the global COVID-19 pandemic, Elevations Credit Union said its members have stepped up through the Local Change program and helped the Elevations Foundation donate a total of $7,100 to local organizations during the second and third quarters of 2020.

FORT WASHINGTON, Penn.–One-hundred seventeen golfers turned out for TruMark Financial Credit Union’s fifth annual Building Financial Futures Golf Classic at Talamore Country Club, raising more than $33,000 in support of financial literacy.