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IRVINE, Calif.–With a new mortgage platform not even a year in the market, CU Direct is preparing to roll out the same technology to two other lending channels as part of a solution it said credit unions will find “revolutionary.”

EL SEGUNDO, Calif.–First Entertainment Credit Union has entered into a multi-season sponsorship agreement to become the Official Credit Union of the NBA’s Los Angeles Lakers. 

LONDON—European fintech investment grew to a new high of $58.1 billion in 2019, the majority of which was secured in the U.K. Separately, the majority of Chinese banks report they have integrated fintech into their offerings.

ARLINGTON, Va.—While the U.S. economy saw modest to moderate growth in recent weeks, the Federal Reserve's latest Beige Book data shows the coronavirus was starting to impact some industries, including travel, tourism, and manufacturing.

MADISON, Wis.–The World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) is calling on credit unions from around the globe to advocate that “an equal world is an enabled world” by encouraging industry women to apply for a 2020 GWLN Scholarship beginning on International Women’s Day.

WASHINGTON—Senate Banking Committee Members Tim Scott (R-SC) and Catherine Cortez Masto (D-NV) have introduced legislation, the Expanding Access to Lending Options Act (S. 3389), that would give the NCUA greater flexibility in setting loan maturity limits under the Federal Credit Union Act.

ST. LOUIS—With so many options for a credit union to go green, to reduce its carbon footprint and take steps to reduce the impact upon the environment, what actions return the greatest bottom-line benefit to the CU? And what are some of the expensive mistakes to avoid?