Filene’s Center for the Credit Union of the Future Releases First Paper on TextGen AI 02/12/2024 07:22 pm MADISON, Wis.–With the rapid rise in popularity and use of TextGen AI and “constant hype surrounding its potential future impact on different industries—even financial services,” the first report from Filene’s Center for The Credit Union of the Future has been released.
A Look at How This Congress Could Play Out for Country, Credit Unions 02/12/2024 07:25 pm WASHINGTON–The next few weeks could mark the last time any substantial legislation is passed by Congress until after the November elections, according to credit union Hill advocates.
VA Told to Align its Home Loan Guaranty Program’s Minimum Property Requirements With Those of Fannie, Freddie 02/12/2024 07:22 pm WASHINGTON—The Department of Veterans Affairs is being urged to align its VA Home Loan Guaranty Program minimum property requirements (MPRs) with the property condition standards of Fannie Mae and Freddie Mac (GSEs).
Hearings Have the Attention of CUs in DC This Week 02/12/2024 07:23 pm WASHINGTON–Both sides of Congress will be in session this week, with credit unions and others watching progress on a spending and aid package, as well as a number of hearings in the House.
Two California CUs See Healthier Future in Proposed Merger 02/12/2024 07:22 pm LOS ALAMITOS, Calif.–Two California credit unions have announced plans to merge.
CUs Being Urged by America’s Credit Unions to ‘Help Shape Discussion’ on FinCEN Proposal 02/12/2024 07:22 pm WASHINGTON—In response to FinCEN’s request for comment on collection of beneficial ownership (BOI) access information—which outlines the method by which financial institutions provide certification to FinCEN when requesting access to the database--America’s Credit Unions is urging credit unions to “help shape the discussion.”
4 People Named to National CU Foundation Board; Other Changes Announced 02/12/2024 07:20 pm MADISON, Wis. – The National Credit Union Foundation has announced the addition of four new members to its board, as well as the reappointment of four others.
In Trend Headed to U.S., Canadian CU Partners to Bring Open Banking to Members 02/13/2024 09:04 pm HAMILTON, Ontario–In a preview of a trend that will likely soon be arriving at credit unions in the U.S., FirstOntario Credit Union said it is partnering with Everlink and Flinks to provide its members with open banking services.
Blaze CU Donates $70,000 to Support 7 Non-Profits 02/14/2024 01:16 pm FALCON HEIGHTS, Minn.–Blaze Credit Union donated a total of $70,000 to seven Minnesota non-profits that are doing “innovative work as they further their missions.”
U.S. Eagle FCU Selects PSCU/Co-op Solutions for Credit, Debit Processing 02/13/2024 09:04 pm ALBUQUERQUE, N.M.– The $1.45-billion U.S. Eagle FCU has selected PSCU/Co-op Solutions to provide it comprehensive credit and debit card processing services, alongside continued contact center support.