Advanced search

ST. PETERSBURG, Fla.–Card payment volume growth rates continued to show “overall strength” in the most recent weekly analysis released by PSCU’s Advisors Plus and Data & Analytics teams, which also includes a “deeper dive” into Card Not Present activity.

LONG ISLAND CITY, N.Y.–United Nations FCU has announced the retirement of its CEO effective Jan. 1,2021, as well as a successor.

RANCHO CUCAMONGA, California – CO-OP Financial Services said it is introducing CO-OP Insights Center, which it is describing as a web-based business intelligence and reporting platform that simplifies complex portfolio information to produce meaningful, actionable insights.

ARLINGTON, Va.–The election of Joe Biden as the next president of the United States doesn’t mean all the uncertainty in Washington is now settled, but it does mean “we are on the road to becoming more settled,” according to NAFCU’s vice president of legislative affairs, Brad Thaler.

PITTSBURGH—Tri Valley Service FCU said it has been approved by NCUA to expand to a community charter and that it plans to specifically focus on the underserved.

MADISON, Wis.–The World Council of Credit Unions and its European Network of Credit Unions (ENCU) are joining with the European Parliament Credit Union Interest Group (EPCUIG) to host a virtual roundtable today titled, “The COVID-19 Crisis and the Role of Community Finance in Economic Recovery.”

WASHINGTON—The Consumer Financial Protection Bureau has issued a consent order against SMART Payment Plan, LLC, finding the company’s disclosures of its loan payment program contained misleading statements in violation of the Consumer Financial Protection Act of 2010’s prohibition against deceptive acts or practices. 

MADISON, Wis.–The $34-million Post Office Credit Union here is asking its members to vote on merging into the $26-billion PenFed Credit Union, with an offer of a $200 payout per member should the combination be approved and generous compensation to two POCU executives should they exit the organization.

ST. PETERSBURG, Fla.–PSCU is reporting that following the successful soft launch of its Enhanced Fraud Services in Summer 2019, it has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying card information being sold on the dark web.