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LAKE FOREST, Ill.—The battle for six-month CD money making some big news, and one expert is urging credit unions to recognize deposits are now much more than just a cost center.

PURCHASE, N.Y.— Mastercard said it has introduced new credit card benefits in partnership with leading health and wellness, travel, and lifestyle brands.

NEW YORK–In a development that could come to credit unions at some point as they seek new revenue streams, JPMorgan Chase said it has created a new unit called Chase Media Solutions that will allow companies to target its cardholders with deals and discounts related to based on their spending history.

WASHINGTON–The FDIC is reporting its Deposit Insurance Fund (DIF) reserve ratio has grown from 1.11% June 2023 to 1.15% in December, and remains on track to return to its statutory minimum of 1.35% before its statutory deadline of Sept. 30, 2028, the agency said.

SAN FRANCISCO—MoneyGram reported it is partnering with Tencent Financial Technology, the fintech division of Tencent, to enable consumers to send funds through MoneyGram Online, MoneyGram’s direct-to-consumer website and app, directly to recipients’ Weixin Pay wallet, a payment and digital wallet service in China.

DALLAS–Credit unions continue to add C-suite positions for which they are seeking candidates to CUToday.info’s The Gig.