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

With Bitcoin at Record High, Smaller Banks Face Urgent Crypto Decisions
With Bitcoin at Record High, Smaller Banks Face Urgent Crypto Decisions
May 21, 2025  |  Cryptocurrency

New rules for cryptocurrency could be around the corner in the U.S., and in many ways the industry is already preparing for its fully-mainstream debut....

READ MORE >
Big Moves by Small Credit Unions Reshape Member Innovation Landscape
Big Moves by Small Credit Unions Reshape Member Innovation Landscape
May 21, 2025  |  Credit Unions

Financial innovation is often seen as the domain of billion-dollar institutions, but the latest data reveals a surprising shakeup: The smallest credit unions are catching...

READ MORE >
New Data Shows Smaller Players Come Up Big as Credit Unions Unleash Innovation
New Data Shows Smaller Players Come Up Big as Credit Unions Unleash Innovation
May 20, 2025  |  Credit Unions

Credit unions tend to evoke images of simple, brick-and-mortar institutions, where friendly employees who know you by name make up for the lack of financial...

READ MORE >
House Ways and Means Committee Preserves Credit Union Tax Exemption
House Ways and Means Committee Preserves Credit Union Tax Exemption
May 14, 2025  |  Credit Unions

The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. The legislation...

READ MORE >
How to Bridge the Gap Between FinTechs and Financial Institutions
How to Bridge the Gap Between FinTechs and Financial Institutions
May 14, 2025  |  Opinion

Collaboration between credit unions and FinTechs can shape the future of financial services, Velera Chief Product Officer Denise Stevens writes in a new PYMNTS eBook,...

READ MORE >
New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
May 01, 2025  |  Credit Unions

Understanding the evolving dynamics of this relationship is paramount for credit union executives and FinTech entrepreneurs alike. While the share of FinTechs selling consumer-facing and...

READ MORE >
FinTechs and Credit Unions Increasingly Play Nice With Each Other
FinTechs and Credit Unions Increasingly Play Nice With Each Other
April 30, 2025  |  Credit Unions

If you can’t beat ‘em, join ‘em. Many financial technology firms have historically sought to compete with credit unions by offering their own financial services...

READ MORE >
Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
April 29, 2025  |  Credit Unions

Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Velera will begin providing...

READ MORE >
Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
April 29, 2025  |  Credit Unions

The last decade has seen a dizzying acceleration in digital banking innovation. From slick mobile-first challenger banks to the sprawling networks of national giants, competition...

READ MORE >