Advanced search

SYDNEY, Australia—The Australian Transaction Reports and Analysis Centre (AUSTRAC) has recommended lenders restrict the use of cash to repay loans and also limit the use of offsets and redraws as part of a money laundering risk mitigation strategy.

HERNDON, Va.–The NWFCU Foundation, in partnership with the CIA Retirees Association (CIRA), awarded $105,000 in scholarships to 21 students of their annual Ben DeFelice, CIRA, Financial Awareness Network and Need-Based Scholarship Programs.

ST. PETERSBURG, Fla.–PSCU announced it plans to host once again its Credit Union Give Back Sweepstakes. 

IRVINE, Calif.—In what has been a slow auto lending market this year, credit unions are extending themselves to keep the portfolio growing, according to one analyst who is pointing to several ways CUs are widening their reach.