ARLINGTON, Va.–The February jobs report – with 273,000 jobs added – showed the labor market was "still in good shape in mid-February," with the construction sector and restaurants supporting gains, said NAFCU Chief Economist and Vice President of Research Curt Long.
Fresh Today
WASHINGTON—The Consumer Financial Protection Bureau has filed suit against Fifth Third Bank alleging for several years the bank opened different accounts in customers’ names without their knowledge.
WASHINGTON—The spread of the coronavirus is allowing bad actors to exploit fears and target consumer data, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices.
WASHINGTON—Credit unions are watching and/or participating in a number of events in Washington this week, although several may become virtual events due to concerns around coronavirus.
DES MOINES, Iowa–After some confusion over whether the sale of a bank to a credit union had occurred or whether it had been blocked by a regulator, some of the parties involved continue to exchange criticisms of each other.
ST. PETERSBURG, Fla.–PSCU said it will once again be sponsoring the Credit Union Cherry Blossom Ten Mile Run, scheduled for April 5.ST. PETERSBURG, Fla.–PSCU said it will once again be sponsoring the Credit Union Cherry Blossom Ten Mile Run, scheduled for April 5.
WASHINGTON–CUNA has launched a 2020 election tracker website it says is designed to follow the “success of CUNA-supported candidates” throughout the primaries and into the general election later this year.
CAMBRIDGE, Mass.—MIT Federal Credit Union has named a new president/CEO. The $583-million MIT FCU has named Rui F. Domingos to lead the organization.
ORLANDO, Fla.–The nation’s community bankers are meeting here this week and the group’s president saying elected officials have never been more receptive to its message, including on credit unions.
ARLINGTON, Va.—NAFCU is urging the Federal Reserve to consider removing the limit imposed by Regulation D on consumers' ability to freely transfer money between savings and transaction accounts.