credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

Amid California Wildfires, FIs And Payment Services Offer Help
Amid California Wildfires, FIs And Payment Services Offer Help
November 19, 2018  |  Banking

Payment services providers and financial institutions are beginning their work in helping people recover from the California wildfires — with those disaster responses informed by experiences...

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Today In Data: Minding And Filling The Payments Gaps
Today In Data: Minding And Filling The Payments Gaps
November 15, 2018  |  Today In Data

Increasingly everything is online these days, up to and including consumer identity. That means many things are changing for the better: Checks, for the first...

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After Hurricane Michael, Credit Unions Step Up To Boost Rebuilding Efforts
After Hurricane Michael, Credit Unions Step Up To Boost Rebuilding Efforts
November 15, 2018  |  Credit Unions

When Hurricane Michael tore through the Florida Panhandle last month, it left $4.5 billion in damages in its wake. Now, as residents attempt to rebuild...

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NEW REPORT: Post-Hurricane, CUs Provide Some Calm After The Storm
NEW REPORT: Post-Hurricane, CUs Provide Some Calm After The Storm
November 14, 2018  |  Credit Unions

Credit unions (CUs) might operate as nonprofits, but just like a traditional bank or any other for-profit business, they still need customers — or in this case, members —...

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Credit Union Helps US Marijuana Businesses Put Down Roots
Credit Union Helps US Marijuana Businesses Put Down Roots
October 18, 2018  |  Credit Unions

With a growing number of states giving recreational marijuana the green light, legal marijuana businesses, which typically operate using cash, struggle to access basic banking...

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NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
October 17, 2018  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
October 11, 2018  |  Credit Unions

Credit unions can be easy to overlook and underestimate — individually, they generally don’t have a massive amount of assets, their membership bases are often...

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Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
October 04, 2018  |  Bank Regulation

Five federal agencies spoke on Wednesday (Oct. 3) on how community banks and credit unions can share resources to boost anti-money laundering (AML) efforts, and make Bank...

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Credit Unions, Community Banks Can Pool Resources To Fight Money Laundering
Credit Unions, Community Banks Can Pool Resources To Fight Money Laundering
October 04, 2018  |  Security & Fraud

Federal regulators ruled Wednesday (October 3) that credit unions and community banks can pool resources for anti-money laundering compliance so that they can protect against financial crimes and...

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