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CHICAGO–While consumers have been targeted by increased fraud during the coronavirus pandemic, new research has found consumers expressing confidence in their primary financial services organizations’ efforts to resolve and mitigate fraud issues—although responses differed by generation.

WASHINGTON—Concerns over the circumstances of lower-income Americans in responding to the coronavirus-related economic slowdown was a key theme during a Senate Banking Committee hearing here, according to NAFCU.

WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has opened the fiscal year 2021 for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

JACKSONVILLE, Fla. — Jax Federal Credit Union said it will be among the credit unions participating in America Saves Week this week. Jax FCU noted it has participated in this campaign every year since 2017.

CINCINNATI—Lease payments on SUVs began the year showing significant fluctuation, one new analysis shows.

NEW YORK—The attention being given to buy-now-pay later offers continues to climb, a new report shows.

MADISON, Wis.–The leaders of credit union movements in three countries offered insights on what they see as an advantageous business model that cuts costs, improves digital and other services to members, and allows smaller and midsize CUs to provide offerings they otherwise couldn’t. 

WASHINGTON–Federal and state regulators have issued a joint statement saying they recognize the serious impact of Texas winter storms on the customers/members and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. 

WASHINGTON–With fourth quarter data now in on credit union performance, 2020 concluded with four trends that deserve attention, according to an analysis released by Callahan & Associates.