Advanced search

KANSAS CITY, Mo.–The former vice president of a credit union has filed a lawsuit against her former employer, Kansas City Credit Union, alleging it violated the state’s whistleblower rules and federal law on money laundering after she was pressured to open accounts for friends of the CEO who were in marijuana-related businesses.

WASHINGTON—NCUA’s new incentive-based compensation proposal is another example of credit unions getting pulled into rulemaking that’s unnecessary for the movement, according to Carrie Hunt.

AUSTIN, Texas---University Federal Credit Union has kicked off its "Howdy Tour" with the debut of its new mobile branch, which is said is a first of its kind in Central Texas. 

WASHINGTON–While there are growing calls for the Federal Reserve to cut rates—including ahead of its next scheduled meeting in September—many of the nation’s banks are saying it will take more time than many expect for any relief to be visible, according to a new report.

SEATTLE—Verity Credit Union said it has received a $383,223 grant from the Treasury’s Department’s Small Dollar Loan (SDL) program that it will utilize to develop a program offering unsecured loans of up to $2,500, with no prepayment penalty and the opportunity to repay in installments.

BASEL, Switzerland—The Financial Stability Board has published a report highlighting the risks affecting emerging economies from foreign currency stablecoins.

PASADENA, Calif.–Wescom Credit Union has become the latest CU to say it is no longer charging non-sufficient funds fees.

WASHINGTON–The July 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) has found few changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months.