Fresh Today

ALLEN, Texas–Credit Union of Texas has relocated its headquarters to the Watters Creek development here, where it now has more than 51,000 square-feet in the One Bethany East office building.

DUBBO, NSW, Australia–Macquarie Credit Union is hosting a week-long DREAM Festival this week, including events it says are “easily affordable.”

COS COB, Conn. – Members Credit Union said it will use a recipient of a $120,000 Technical Assistant grant from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund to hire a bi-cultural loan officer to increase lending to its lower-income and underserved minority community.

NORWALK, Conn.–The Financial Accounting Standards Board (FASB) has agreed to delay the effective date its new current expected credit loss (CECL) standard until 2023, a move credit unions have been pushing for.  

MENLO PARK, Calif.–Facebook’s planned cryptocurrency initiative, Libra, is seeking an exodus of key partners. After PayPal became the first to announce it would not participate, among those that have now followed have been Stripe, Mastercard, Visa and eBay.