NEW YORK—Americans have accumulated near-record levels of credit card debt over the past year as card companies have increased interest rates and fees.
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PORTLAND, Ind.–CrossRoads Financial FCU here has named a new CEO. The credit union has selected Donald C. Gillespie to lead the organization, succeeding Janet E. Bantz, who is retiring.
WASHINGTON–The 20% of the 43-million Americans who are in default on their student loans was named among Nine Statistics That Shaped 2019 by Pew Charitable Trusts.
PLANO, Texas–Catalyst Corporate is reporting its Loan Participation Program has topped $3 billion in activity in less than five years since its inception.
ANTIGO, Wis. — CoVantage Credit Union said it has paid out a record $4 million patronage dividend to its members.
WASHINGTON—Rep. Denny Heck (D-WA), a longtime friend of credit unions in Congress and former credit union employee, announced he will not seek re-election in 2020.
WILLIAMSPORT, Penn.–Horizon Federal Credit Union said it is now offering paid maternity and paternity leave to its employees. Effective Jan. 1, all employees with a minimum of six months’ tenure are eligible for HFCU’s New Child Leave.
CARSON CITY, Nev.–Greater Nevada Credit Union has launched a high yielding “I Can Save” savings account for members who have had trouble building consistent savings habits.
LEXINGTON PARK, Md.–Cedar Point FCU plans to celebrate its 75th anniversary in 2020 with 75 “Acts of Service.”
VICKSBURG, Miss.–Another credit union has had its ATM targeted by thieves.