Could a new rule help smaller credit unions better compete with behemoths such as Navy Federal Credit Union on technology? If so, smaller institutions might be able to grab a larger share of loans and stanch the recent flow of membership to larger players.
GLENDALE, Calif., Feb. 28, 2024 /PRNewswire/ -- California Credit Union announced today that it has launched the California Credit Union Foundation to lead its community outreach and support programs, which have totaled more than $2.5 million over the last five years. A non-profit charitable corporation, the Foundation will focus on partnering with local grassroots organizations and educational institutions through grants, sponsorships, in-kind support and volunteer participation.
The proposal would allow companies to test products and services for consumers in coordination with regulators that oversee the financial services industry.
The California and Nevada Credit Union Leagues, together with the Utah Credit Union Association, announced today they have entered into an agreement to form a joint association support services organization.
After filing your taxes, getting a tax refund in the mail or by direct deposit can feel gratifying. Sure, it came out of your annual income — and a refund might suggest you should adjust the amount withheld from your paycheck — but it doesn’t hurt to receive that extra cash.
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