BOSTON, Mass.–This state’s credit unions and banks squared off against each other during a hearing related to several bills before the Joint Committee on Financial Services.
Fresh Today
CHICAGO–Reading this story on a device while someone else is attempting to speak to you or get your attention? You’re failing as a leader.
WASHINGTON–With more than seven-in-10 consumers still choosing their financial institution as the result of the branch they see, changing that experience and look can be critical—or the source of critical mistakes, according to one expert.
JACKSONVILLE, Fla. – The CEO and the CFO at 121 Financial Credit Union here have been let go. The reason: the credit union has decided to go in a “different direction,” according to a statement provided News4Jax.
WASHINGTON–A new Credit Card Debt Study released by WalletHub has found consumers racked up $35.6 billion in credit card debt during Q2 2019 – an all-time record for the second quarter of the year.
PINEVILLE, La.–A former credit union employee has pleaded guilty to stealing nearly $250,000.
WASHINGTON—Credit unions consistently cite the current expected credit loss (CECL) standard as one of, if not the biggest compliance challenge they are facing, and the Financial Accounting Standards Board (FASB) should search for any opportunities to provide relief to credit unions, CUNA wrote.
MILWAUKEE, Wis. – Corporate Central Credit Union has announced some of the speakers at its upcoming 2019 Economic Outlook Conference.
SMITHFIELD, R.I.–Two Rhode Island credit unions have announced plans to merge. Kent Hospital FCU said it is merging into the $2.2-billion Navigant FCU.
WASHINGTON—The Department of Justice (DoJ) has announced the U.S., in conjunction with international law enforcement authorities, disrupted a series of business email compromise (BEC) schemes that were designed to intercept and hijack wire transfers from businesses and individuals.