EDWARDSVILLE, Ill. — Scott Credit Union has declared a bonus dividend and loan interest rebate that will return more than $1 million to members.
The payout brings to more than $12 million the amount that has been returned to members in the form of bonuses over the last dozen years, the credit union reported.
BROOKLYN CENTER, Minn.–Members of Electrus FCU here have voted to merge into SPIRE Credit Union, with the credit union to now operate as Electrus–A Division of SPIRE Credit Union.
IRONDALE, Ala.–Corporate America Credit Union (CACU) said it is now a funding agent for the RTP network, the real-time payments network operated by The Clearing House (TCH)
FRAMINGHAM, Mass.—Shipments of wrist-worn wearables, including smartwatches, basic watches and wristbands, rose 29% from a year ago, a new report indicates.
OTTAWA, Canada—Fintech firm Spend has introduced Visa cards for cryptocurrency users in Canada.
NEW YORK–A man has been arrested and arraigned on an 18-count indictment for identity theft and the embezzlement of thousands of dollars that victimized a bank but involved a threat that could hit a credit union at any time, as it involved a mobile deposit app.
SAN JOSE, Calif.–Technology Credit Union said that since its 2016 commitment to green energy alternatives, it has funded more than $1 billion in residential solar loans through its partnership with Sunlight Financial, helping more than 35,000 homeowners across the country “save money while protecting the environment.”
MONTPELIER, Vt.–Vermont State Employees Credit Union here will sponsor Point to Point, an event expected to attract hundreds of cyclers and runners to the state’s capital city.
NEW YORK–The private equity firm Motive Partners said it will acquire up to 60% of the Investment Services business of Fiserv.
ALEXANDRIA, Va.–Credit union assets were up nearly 7% during the third quarter, with loans growing nearly 6% over the same period, although the overall loan-to-share ratio declined by three percentage points from the same period one year earlier, according to NCUA’s latest Quarterly Credit Union Data Summary.
