Broadview FCU Donating More Than $500k to Fight Hunger 12/26/2022 12:55 pm ALBANY, N.Y.– Broadview FCU said it is donating more than $500,000 to fight hunger and food insecurity throughout the Capital Region, Binghamton, Syracuse, and Buffalo.
Two Mt. Rushmore State Credit Unions Plan Merger 12/26/2022 12:57 pm SIOUX FALLS, S.D.–Two South Dakota credit unions have announced merger plans.
Holiday Season Takes a Toll on Household Balance Sheets, Report Shows 12/26/2022 12:55 pm NEW YORK—As the holiday season nears its end, consumers are showing signs that inflation is having a big effect on their household balance sheets, a new report shows.
CUs Will Have to Continue to Adjust in 2023, as ‘Gig Economy is Here to Stay,’ New Survey Finds 12/27/2022 07:42 pm FREDERICK, Md.–While the roots of much of the U.S. CU community took hold in single companies or professions, a new study shows just how credit unions will have to continue to adjust as the nature of employment changes in 2023 and beyond.
IRS Delays Reporting Thresholds Around Third-Party Settlements 12/27/2022 07:40 pm WASHINGTON — The Internal Revenue Service has announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
Two More Credit Unions Announce Year-End Payouts to Members 12/27/2022 07:41 pm SYRACUSE, N.Y.–Two more credit unions have announced year-end payouts and bonus dividends to members.
CUs Continue to Lure Certificates by Offering Higher Rates; FECU Caps Deposits at $5 Million 12/27/2022 07:43 pm LOS ANGELES–Indicative of just how quickly markets can change is the number of credit unions looking for deposits this holiday season versus one year ago.
NY Regulator Issues New Guidance Around Climate Change Risk; One Aim to ‘Mitigate’ Effects on Lower-Income Communities 12/27/2022 07:39 pm NEW YORK–The New York State Department of Financial Services (DFS) has released proposed guidance for New York State-regulated banking and mortgage institutions it said is designed to help them manage “safety and soundness” risks related to climate change.
Retailers Group Hails FTC Decision on Mastercard 12/27/2022 07:42 pm WASHINGTON—Not surprisingly, the National Retail Federation said it “welcomes” last week’s announcement by the FTC requiring Mastercard to share data that competing networks need in order to process online transactions made with Mastercard debit cards.
MN Catholic Names New President and CEO to Succeed the Retiring David Sawin 12/27/2022 07:40 pm LITTLE CANADA, Minn.— MN Catholic Credit Union has named a new president and CEO to succeed David Sawin, who is retiring after 16 years leading the organization.
