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WASHINGTON — A new consumer survey released by the American Bankers Association has found “consumers are happy with their debit cards and think the government should leave the debit card payment system alone.”

BEL AIR, Md. and HUNT VALLEY, Md.–Two Maryland credit unions have announced plans to combine.

WASHINGTON–Included in the $1.2-trillion package of spending bills passed by the Senate over the weekend were two items that were priorities for Congress—and one item much opposed by credit unions that was not included.

BURLINGTON, Vt.–The former manager of a branch of a credit union here has dodged jail time but has been ordered to pay more than $135,000 in restitution following a fraud conviction.

HENRICO, Va.–The National Cooperative Bank (NCB) said it has made a $3 million subordinated debt loan to Henrico Federal Credit Union.

ALEXANDRIA, Va.–The National Credit Union Administration has released the March 2024 update of its Simplified CECL Tool.

NEW YORK—Elon Musk said his social media platform X could soon receive approval for a money transmitter license in New York, putting the platform a step closer to offering payment features.

IRVINE, Calif.– Origence has announced the breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriott Marquis in San Diego. 

COSTA MESA, Calif.–Digital wallets are now the fastest-growing payment method in the United States, with almost half (48%) of U.S. consumers indicating that they have used a digital wallet in the past 90 days, up 12 percentage points from 2023, according to J.D. Power data.

SALT LAKE CITY–A controversy over a professional soccer team’s jerseys that feature the name of America’s First Credit Union has now expanded to include the state’s governor, with the credit union also responding.