The Credit Union Journal is now accepting participants in its annual Day in the Life of Credit Unions Project. On the same day in August, approximately two-dozen credit unions from around the U.S. and around the world shoot photos of events at their credit unions. The Credit UnionJournal selects the best of those photos, which are then featured in our Oct. 11 issue, in conjunction with International Credit Union Week. This very popular project always fills up fast, so contact Judy Harnett at jhartnett@cujournal.com or 888-832-2929 to participate.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
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St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
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The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
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State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
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The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
2h ago