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NEW YORK–United Nations FCU and Organization of American States FCU co-hosted the 5th United in Sustainability (UIS) Summit here, a hybrid event that drew more than 300 credit union representatives from across the Americas to discuss support for the UN Sustainable Development Goals (SDGs), as well as comments from an NCUA board member.

WASHINGTON—A third of small business owners say inflation remains the single most important problem in operating their business, although their concern over rising costs in the National Federation of Independent Business survey is actually five points lower than what the same survey found in July, which was its highest reading since the fourth quarter of 1979.

TULLAHOMA, Tenn.– Ascend Federal Credit Union has donated $175,000 to the National Credit Union Foundation to support its financial health and well-being initiatives.

RANCHO CUCAMONGA, Calif.—Both credit and debit spending were down for consumers in November, Co-op Solutions payments data show, with the company saying it has identified three trends in its analysis, including some surprises.

NEW YORK—As consumers lean more on credit cards to fight inflation, delinquencies and charge-offs are rising.

WASHINGTON—Financial institutions can expect more lenient terms if they proactively report possible employee crimes to the government instead of waiting to be discovered, according to a statement from a Justice Department official.

NEW YORK—Mastercard has lost a bid to narrow the size of the U.K.’s largest-ever class action claim over its payment fees after appeal judges rejected its attempt to exclude some three million people who died since the claim was first filed, Bloomberg reported.

WASHINGTON–The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) have published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO).

ADRIAN, Mich.–TLC Community Credit Union has named a new president and CEO, effective March 4, 2023.

RALEIGH, N.C.—One of the most successful cooperative partnerships in the U.S. credit union community is ending, and Maurice Smith, CEO of Local Government FCU, which has worked closely with State Employees’ Credit Union in North Carolina, says there is some critical knowledge the movement can take away from the 40-year collaboration.