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LAKE FOREST, Ill.—Smaller credit unions, which worked hard in 2020 to help small businesses survive the pandemic, have nonetheless been losing business loan balances, a new report reveals. But some smaller institutions have gotten “creative” and have built their book of business.

ARLINGTON, Va.–The trade groups continue to watch the stimulus and relief legislation being championed by the Biden Administration as well as the direction of the CFPB as both are coming more clearly into focus.

TAMPA, Fla.—Trellance is partnering with Verrency, a global innovation and engagement platform for financial institutions and payment card issuers. 

DALLAS –Credit Union of Texas has presented the $20,000 William H. Cotton Scholarship to Dallas Independent School District (DISD) high school principal Diana Nunez. 

WASHINGTON–A “first peek” at full-year 2020 performance data for credit unions reveals what many CU leaders already know: It was a big year for savings and a poor year for lending outside of one category.

WASHINGTON—Sen. Sherrod Brown (D-OH), who is the new chairman of the Senate Banking, Housing and Urban Affairs Committee, said he is willing to consider moving on legislation that would allow the cannabis industry access to the banking system if the measure is coupled with sentencing reform for drug offenses.

WASHINGTON—Non-farm payrolls increased 49,000 in January, with the unemployment rate decreasing to 6.3%, according to new data from the Bureau of Labor Statistics.

ARLINGTON, Va.—Total vehicle sales grew in January, jumping to 16.6 million annualized units from 16.2 million during the month. Sales, however, fell 1.4% since this time last year.

MADISON, Wis.– UW Credit Union members are now being offered free delivery on EatStreet orders purchased with their UW Credit Union-issued credit or debit card.