Advanced search

LITTLETON, Mass. –Credit unions in two states have named new leadership.

NEW YORK—Retail shoppers making purchases using digital wallets have shifted from favoring PayPal to Apple Pay, according to a new report, which further found only the latter continues to gain share.

WYOMISSING, Penn.— Utilities Employees Credit Union has selected Velera to provide it with debit and credit card processing services and support.  

ALEXANDRIA, Va.– Credit unions are being encouraged to provide feedback to the Department of Homeland Security’s Cybersecurity and Infrastructure Agency (CISA) on how they can “best support critical infrastructure organizations.”

ST. PETERSBURG, Fla.– Consumer spending in debit accelerated in May 2024 while credit spending softened, yet “remained positive,” according to the newest Velera Payments Index.

IRWINDALE, Calif.–SCE Credit Union has introduced a new name and brand. The $1.1-billion CU is now Rize Credit Union.

VANCOUVER, B.C.–Vancity Credit Union has announced plans to lay off 7% of its workforce. The credit union is citing financing losses and rising costs as the reasons for the layoffs, according to the CBC.

WASHINGTON—Sen. Gary Peters (D-MI) has introduced the Housing Financial Literacy Act to coincide with National Homeownership Month in June. 

CHARLOTTE, N.C.–Skyla Credit Union has cut the ribbon on its newly upgraded headquarters. The $1.59-billion Sklya CU now fills more than 50,000 square feet of the Station at LoSo, filling the top three floors of the Station 3 building.