NEW YORK–Inclusiv, which was formerly known as the National Federation of Community Development Credit Unions, and the African-American Credit Union Coalition (AACUC) have joined forces to celebrate African American credit unions in a social media campaign that illustrates the impact of credit unions on their members and communities. February is Black History month.
NEW YORK–Many auto dealers have started 2018 with heavy inventories of unsold vehicles on their lots, with analysts suggesting the situation could put pressure on manufacturers to cut factory output as U.S. auto sales cool, according to a new report.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced its COOPER Fraud Analyzer is now part of CO-OP Shared Branch services to participating credit unions, with all network transactions flowing through the interface of this account-based risk management solution.
CHICAGO–Credit unions across the country have now surpassed the $175-million threshold in the form of bonus dividends and interest rebates based on their 2018 performance.
TULSA, Okla.–TTCU FCU announced it paid out nearly $3 million to its members in the form of member rewards dividends during 2018. The credit union said the payout of $2,984,000 was a 6% increase over 2017.
CHICAGO–A slick website has been created that seeks to challenge the value of credit unions and the “risk” from credit unions to the American taxpayer, and which suggests money saved from the tax exemption is not going where Congress is intended.
TAMPA, Fla.–University of South Florida Federal Credit Union said it is establishing new scholarships and expanding existing ones for a total of $205,000 that will support USF students studying many disciplines.
WASHINGTON—On top of all the worries facing federal workers who had been going without paychecks during the just-ended partial government shutdown, many were facing mounting credit card bills on government-issued plastic for which they could not receive reimbursement.
SPRINGFIELD, Mo.–While the partial federal government shutdown has ended, at least for now, concerns are being expressed that many of the federal workers who missed paychecks may have turned to payday lenders and other small-dollar loans that come with high rates and unfavorable terms.
ARLINGTON, Va.—A new report shows which regulations credit unions are most concerned with in 2019, while also finding the optimism of CU executives is on the rise.