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TORONTO–The government of Ontario has unveiled a new budget that is accompanied by a comprehensive modernization of the Credit Union and Caisses Populaires Act.

MADISON, Wis.— Summit Credit Union has announced a patronage dividend payout of more than $2.5 million to its members.

SAN FRANCISCO—U.S. customers can now join the waitlist for the Coinbase Card, a debit Visa card that allows customers to spend cryptocurrency anywhere Visa cards are accepted, Coinbase announced.

MILWAUKEE, Wis. – For the first time Corporate Central hosted its annual Economic Outlook Conference virtually this year, and is reporting that over the two-day event approximately 150 credit union professionals from 20 states across the country logged in to participate.

IRVINE, Calif.– In August, 6.6% of mortgages were delinquent by at least 30 days or more, including those in foreclosure, a 2.9-percentage point increase in the overall delinquency rate compared with August 2019, according to the latest CoreLogic Loan Performance Insights report.

ARLINGTON, Va.–NAFCU is reporting its member CUs remain interested in whether new stimulus and other relief may be passed by Congress, while at the same time the trade group is looking forward toward how several scenarios might play out under a new administration.

WASHINGTON—As the COVID-19 pandemic and economic crisis continue to spread, the amount of money migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels in 2019, according to the latest estimates published in the World Bank’s Migration and Development Brief.  

ALBANY, N.Y.–First New York Federal Credit Union has a $1,000 winner from the “Lucky Savers” program. 

CAMBRIDGE, Mass.— Harvard University Employees Credit Union has hired Katie Armstrong as CFO.

VANCOUVER, Wash. – The business leaders group Identity Clark County has elected Columbia Credit Union President and CEO Steve Kenny as chair in 2021.