Credit Unions for Kids Marking 25th Anniversary With YouTube Special 05/04/2021 07:37 pm SALT LAKE CITY, Utah–Credit Unions for Kids reported it is now celebrating its 25th year of a successful program with its network of credit union partners and hospitals, and will host an event on YouTube to mark the milestone.
Here’s What Latest Fed Survey Has Found About Lenders’ Evolving Underwriting Standards 05/04/2021 07:41 pm WASHINGTON–Lenders across the country are reporting they largely continue to ease their underwriting standards for both commercial and household borrowers, according to a new survey, although there are some exceptions.
4 Organizations, Including 3 CUs, Invest $5M in Think|Stack, Which Will Become a CUSO 05/04/2021 07:39 pm BALTIMORE, Md.–Four organizations, including three CUs, have invested $5 million in Think|Stack, a cloud and cybersecurity firm that specializes in credit unions, forming a CUSO.
A Familiar Name to Head Federal Student Aid Office, Kicking Off New Debate 05/04/2021 07:42 pm WASHINGTON–A familiar name has been selected as the new head of federal student aid in the Biden administration, a post that will put him at the center of the debate over forgiving student debt.
Fed Chair Supports Expanding CRA to Cover Non-Depository Institutions, Including FinTechs 05/04/2021 07:41 pm WASHINGTON — Federal Reserve Chair Jerome Powell said he would support subjecting non-depository institutions, such as fintechs, to the Community Reinvestment Act, but added any final decision should be left to Congress.
ALM First Reports It Has Surpassed $55 Billion in Assets Under Management 05/04/2021 07:39 pm DALLAS—ALM First, which serves more than 300 financial institutions nationwide, is reporting it has surpassed $55 billion in assets under management.
CUst Urge G20 to Take Action on Inclusion 05/04/2021 08:05 pm WASHINGTON—The international credit union movement is calling on the G20 to take action to increase financial inclusion through a focus on the “importance of proportionality.”
Workers CU Wins Diamond Award 05/04/2021 08:05 pm LITTLETON, Mass.–Workers Credit Union has been named a 2021 Diamond Award winner by the CUNA Marketing & Business Development Council.