Payments/Credit/Debit

Payments CUSO Velera also finds stability in credit card delinquencies, but the rate remains near a record high.

It is the first credit union in the state to launch the Federal Reserve’s FedNow service.

Velera finds payments were up by double digits for the peak days from Thanksgiving to Cyber Monday.

But the Chicago credit reporting agency also forecasts that delinquencies will stabilize for consumer lending.

Payments CUSO shows credit union members favored Democrats 2-to-1, but GOP giving rose in the final two months before the election.

Ten credit unions increase their balances twice as fast as all other credit union players.