ONTARIO, Calif.–The California and Nevada Credit Union Leagues is reporting it has met with the U.S. Department of the Treasury regarding a surge in fraudulent or counterfeit U.S. savings bonds being redeemed at credit unions and other financial institutions across the country.
Fresh Today
WASHINGTON––A coalition of consumer advocates has filed comments with the Federal Deposit Insurance Corporation, including a petition signed by more than 44,500 people along with a letter describing hundreds of consumer complaints, urging it to consider Transportation Alliance Bank’s “predatory rent-a-bank lending” when the agency assesses the bank’s performance in meeting community needs under the Community Reinvestment Act.
LAKE GEORGE, N.Y.–Ed Butler, EVP and COO with Visions FCU, has been presented with the Outstanding Professional Award by the New York Credit Union Association.
The honor was presented during the NYCUA’s annual meeting and convention.
PENSACOLA, Fla.– Pen Air FCU is reporting it has now selected the three teams that will participate in its 2022 NOW Program as they seek to improve their finances and achieve their dreams.
DALLAS–Just over half of Americans still believe they will become financially independent and achieve the American Dream at some point in their lives, according to a new survey conducted by the National Financial Educators Council (NFEC).
NEW YORK—The competition facing credit unions in the credit card marketplace is only growing, as new data show inflation is playing a key role in driving up the number of cards Americans are holding.
ALBUQUERQUE, N.M.–A new metal credit card offering enhanced cash-back features has been rolled out by U.S. Eagle Federal Credit Union.
ALEXANDRIA, Va.–NCUA last week hosted a pair of virtual briefings aimed at helping Ukraine’s credit union regulator even as that country remains under attack from Russia. The Ukrainians also offered updates on the situation they face during the meetings.
SEATAC, Wash./DENVER–The newly merged Mountain West Credit Union Association and Northwest Credit Union Association have unveiled their new name: the Go West Credit Union Association.
HARRISBURG, Penn.–Pennsylvania's House of Representatives has passed legislation that would allow for financial institutions to offer prize-linked savings accounts. Included in the bill is language that would protect financial institutions and insurers from providing services to legitimate cannabis based businesses.