WYANDOTTE, Mich.– Michigan Legacy Credit Union has launched a pilot program with Wayne State University’s Institute of Gerontology designed to help protect its vulnerable members from financial exploitation.
Fresh Today
FOND DU LAC, Wis.–Forty percent of consumers are now making payments through branded “pay” apps, according to a new report.
CHARLOTTE, N.C.–Bank of America has announced additional changes to its overdraft fees policy.
SAN JOSE, Calif.–CommonWealth Central Credit Union here has named a new CEO to replace the retired Craig Weber, who is stepping down after 27 years with the CU.
TORONTO–Many credit unions in this country are still dealing with the fallout from panicked members who recently raced to withdraw their savings following reports and rumors related to a government effort to identify how funds were reaching certain groups.
NEW YORK—Banks are debating a plan to bring Zelle to the checkout at big retailers.NEW YORK—Banks are debating a plan to bring Zelle to the checkout at big retailers.
WASHINGTON– Mortgages rates hit their highest level in more than a decade last week. This increase follows the continued surge in the 10-year Treasury, which crossed the 2.8% mark for the first time since December 2018.
BOWLING GREEN, Ky.–Service One Credit Union here said it has entered into an agreement with MidWest America FCU to assume ownership of branches in Scottsville and Hopkinsville, Ky., both of which are in the southern part of the state just north of Tennessee.
NEW YORK–A former Brooklyn Supreme Court judge who was found guilty of obstructing an investigation into the embezzlement of funds from a major New York credit union has been sentenced to 15 months in prison, meaning she will now join the CU’s former CEO in also serving time.
TYSONS, Va.–PenFed Credit Union is reporting robust growth numbers from the first quarter of this year.