Desert Financial CU Paying Out $20 Million in Member Giveback Bonus 01/23/2024 07:12 pm PHOENIX–Desert Financial Credit Union said it is returning $20 million to members as part of its annual Member Giveback Bonus, a 25% increase from its 2023 bonus.
Funding Will Provide Greater Online Access, Especially in Underserved Communities 01/23/2024 07:11 pm WASHINGTON –More credit union members and prospective members could have greater access to online banking solutions—especially in underserved communities--following the approval by Treasury of more than $228 million for high-speed internet projects in New York under the American Rescue Plan’s Capital Projects Fund (CPF).
Rule That Targets the Few (CVC Mixers) Could Affect the Many (Credit Unions), ACU Cautions FinCEN 01/23/2024 07:12 pm WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) should revisit its convertible virtual currency (CVC) mixing proposal to avoid covering the majority of financial institutions by a rule that should be targeted at a “relative few,” America’s Credit Unions wrote to the agency.
New Data (Again) Show Just How Fast BNPL is Growing 01/23/2024 07:13 pm NEW YORK—It’s increasingly clear that Americans are turning to alternative payment methods such buy now, pay later apps to make ends meet, a new study shows.
