CHALFONT, Penn.–Merck Sharp & Dohme FCU has named a new CEO. The $760-million credit union as selected Dana DeFilippis to lead the organization.
Fresh Today
SAN ANTONIO—SWBC is reporting it has implemented FICO Customer Communication Services for Collections to build what it said is an “enhanced digital communications system that provides its clients with best-in-class communication tools to interact with their borrowers.”
ALEXANDRIA, Va. –A former cop who was also a member of the supervisory committee at Municipal Credit Union in New York City has been banned from credit unions.
BOSTON–A former NCUA chairman has joined the advisory board of a start-up seeking to build out what it said will be a state of the art mortgage loan origination platform.
WASHINGTON—CUNA launched its first Member Activation Program (MAP) campaign of 2021 this week calling on credit unions to educate members about the credit union difference.
WASHINGTON–A member of the Federal Reserve Board is warning that climate change is already creating substantial economic costs and is projected to have a profound effect on the global economy.
ARLINGTON, Va.—New-home sales rose 4.3% from December's upwardly revised rate of 885,000 annualized units to 923,000 units in January. NAFCU's Curt Long noted new homes for sale are at their highest level since May.
RANCHO CUCAMONGA, Calif.–Nearing the one-year mark of the pandemic, credit union member spending appears to have rebounded in all categories other than travel, in-person dining and entertainment, CO-OP Financial Services reported.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an advisory alerting financial institutions over the rise in fraud and other financial crimes related to Economic Impact Payments (EIPs).
HOUSTON–Credit unions in Texas and other states hit hard by the recent frigid weather have begun to offer various relief programs for members.