Coastal CU Returns $3.6 Million to Members; Says Overall Value Tops $31 Million 02/15/2021 07:35 pm RALEIGH, N.C.–Coastal Credit Union has paid out more than $3.6 million in special dividends to eligible members through its Loyalty Bonus program. The payout was shared among nearly 69,000 members, the credit union reported.
Nation’s Oldest Bank to Enter Market for One of World’s Newest ‘Currencies’ 02/15/2021 07:35 pm NEW YORK–The nation’s oldest bank announced it will enter the market for one of the world’s newest “currencies.” Bank of New York Mellon announced it will hold, transfer and issue bitcoin and other cryptocurrencies on behalf of its asset-management clients.
What Are Biggest Reasons for Couples Fighting Over Money? Here’s the List 02/15/2021 07:36 pm NEW YORK–What are the biggest causes of fights by couples over money? A new survey of nearly 1,000 Gen Zers and millennials who are married, engaged or in a relationship has found nearly three-fourths said they’d been mad at their partner because of a financial decision they made, while 15% hadn’t yet discussed debt with their partner.
Demand for Mortgages Drops With Rate Rise, But Volume Still Remains Robust 02/15/2021 07:37 pm WASHINGTON–Demand for mortgage loans dropped last week after interest rates hit a three-month high. But rates are considered just one factor in the slowdown and mortgage volume remains up significantly from one year earlier.
Used Car Market Already Showing Signs of Strong Year 02/15/2021 07:37 pm LAWRENCEVILLE, Ga.—The used car market is already showing signs of strong used vehicle values this year.
NCUA Board to Meet This Week With New Chairman and Fate of NCUSIF Premium on Agenda 02/15/2021 07:37 pm ALEXANDRIA, Va.—During NCUA’s open board meeting this week, credit unions should learn if they will be assessed a premium related to the National Credit Union Share Insurance Fund (NCUSIF) and, if so, a when.
A One-Time Opponent of Cryptocurrency, Visa Now a Big Supporter 02/15/2021 07:35 pm SAN FRANCISCO—Visa, a one-time opponent of the Bitcoin and cryptocurrency community, is fast becoming one of Bitcoin's biggest cheerleaders, according to one analysis.
TRUE Community Supports Schools 02/17/2021 12:01 pm JACKSON, Mich.–TRUE Community Credit Union donated $33,000 to schools in Jackson, Ingham and Washtenaw counties.
