ST. LOUIS– Are college degrees worth it? And which offer the best ROI? The two questions are critical to credit unions and their members as both lenders and borrowers, and a new analysis offers some lessons.
Fresh Today
EDMONTON, Alberta–Servus Credit Union said it is bringing back the $1 million prize that is awarded as part of its The Servus Big Share Contest.
The contest, which debuted in 2019 and is returning in 2020, is designed to encourage Albertans to save money, and in doing so over a period of four months address a major financial challenge for people – incorporating healthy savings habits into their lives.
BRUNSWICK, Maine – A long-serving CU president has retired, while in another state two CUs have nearly completed their merger.
BROOKFIELD, Wis.—Fiserv has been named to the annual ranking of FORTUNE “World’s Most Admired Companies” for the seventh consecutive year.
MILWAUKEE, Wis. – InterLutions is reporting its I-Care Employee Benefits program grew at a record pace in 2019 as the result of partnering with 18 new credit unions and nearly doubling the overall pool of insured employees under the I-Care program.
WASHINGTON—U.S. financial institutions may be required to provide more customer information to the Treasury Department’s financial crimes office as it ramps up its focus on foreign money-laundering threats. Separately, NAFCU is offering advice on complying with changes to a FinCEN program.
ARNOLDS PARK, Iowa —A question about the credit union tax exemption was posed to one of the Democratic candidates for president.
WASHINGTON—Rep. Carolyn B. Maloney (D-NY), chair of the House Oversight and Reform Committee, has called on NCUA to place an immediate moratorium on both taxi medallion loan foreclosures and sales of taxi medallion loans currently owned by the agency.
WASHINGTON—CUNA is encouraging credit unions to submit comments on the Consumer Financial Protection Bureau’s proposal to raise the safe harbor thresholds for its remittance rule by today’s Jan. 21 deadline.
ARLINGTON, Va.—Total retail sales rose 0.3% in December – the third consecutive month to see a rise.