WASHINGTON--With the federal government shutdown putting servicemember and federal employee paychecks—and their financial stability—at risk, credit unions are stepping up to help members weather the disruption, America's Credit Unions reported.
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WASHINGTON--Credit union members impacted by the federal government shutdown are turning to their credit union to get them through a difficult time. America’s Credit Unions President/CEO Jim Nussle wrote to Congress Monday, sharing that message along with specific examples of how credit unions are stepping up.
CINCINNATI—Fifth Third Bank on Monday announced a $10.9 billion all-stock acquisition of regional rival Comerica, a deal that will create the nation’s ninth-largest bank, Reuters reported.
WASHINGTON—As the Supreme Court considers whether to take up the removal case involving former NCUA Board Members Todd Harper and Tanya Otsuka, America’s Credit Unions is warning that a ruling expanding presidential authority over independent regulators could trigger policy whiplash across the financial services system.
SUMTER, S.C. - SAFE Federal Credit Union CEO Michael Baker and his wife, Carrie, are hospitalized following a serious motorcycle accident in North Carolina.
ROCHESTER, N.Y. — The president and CEO of ESL Credit Union, Faheem Masood, will retire next year in April, the credit union announced.
DOVER, Del.— The $731-million Del-One Federal Credit Union here and $221-million Louviers FCU, based in Newark, Del., have finalized plans to merge, Del-One announced.
PARKERSBURG, W.Va.—The $316-million West Virginia Central Federal Credit Union is now partnering with InvestiFi, to deliver guided digital investing solutions to its 23,405 credit union members in West Virginia and Ohio.
WASHINGTON—As the government shutdown drags into another week, its effects are beginning to bite—federal employees are missing their first paychecks, credit unions serving military families are bracing for financial strain, and lawmakers in Washington remain deadlocked, trading quiet negotiations for public posturing as the standoff shows no sign of ending.
WASHINGTON--CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced the $9-billion Desert Financial Credit Union, based in Phoenix, has joined its suite of owners.