MILLCREEK, Utah–Lynn R. Kuehne, president and CEO of Granite Credit Union here, has announced plans to retire effective Oct. 1, 2021. The credit union has named Mark L. Young as Kuehne’s successor.
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WASHINGTON–As if credit unions needed another reason to remind members of the importance of savings, new data from the federal government indicate the financial outlook for Social Security is eroding more quickly than previously expected.
REDMOND, Wash.–Microsoft has issued a new warning to its cloud computing customers that hackers might have the ability to read, change or delete their main databases.
NEW YORK—Just how many people are now using a mobile app to deposit their funds?
NEW YORK—Global anti-money laundering fines at banks and financial services firms soared to $2.2 billion during 2020, five times higher than in 2019, as regulators have stuck to tougher lines on AML, new reports show.
LONDON — PayPal is launching its cryptocurrency service in the U.K.
WASHINGTON–The House Armed Services Committee has opted not to include language in a defense bill that would have given banks rent-free access to military installations.
DENVER–Westerra Credit Union has become the latest to announce it will eliminate all overdraft fees and non-sufficient funds fees on checking accounts.
WASHINGTON–Credit unions will want to urge members to keep up the vigilance when it comes to financial scams, as new data indicate fraudsters have bilked Americans out of $545 million in COVID-related fraud since the beginning of 2020.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has proposed a new rule it said is designed to help small businesses “gain access to the credit they need and deserve by increasing transparency in the lending marketplace.”