Fresh Today

Fresh Today

PRESQUE ISLE, Maine–Two Maine credit unions have announced plans to merge. The $248-million The County FCU and the $75-million Penobscot Country FCU said they plan to combine. The credit unions cited increased benefits to members in deciding to make the move.

BETTENDORF, Iowa -- Four women from California have been arrested and charged with felonies here after police said they attempted to use a stolen credit card at two credit unions as part of an attempt at identity theft.

ALBUQUERQUE, N.M.–With solar and renewable energy booming in New Mexico, Central New Mexico Community College and Nusenda Credit Union said they are partnering to create a certificate of certificate of completion in photovoltaic systems, which trains New Mexicans on how to construct and maintain these innovative solar energy systems.

WASHINGTON—Five companies have reached settlements with the Federal Trade Commission over allegations they falsely claimed certification under the EU-U.S. Privacy Shield framework, which establishes a process to allow companies to transfer consumer data from European Union countries to the United States in compliance with EU law.

ALEXANDRIA, Va.– National Credit Union Administration Chairman Rodney E. Hood said the agency plans to take a “phased approach” to implementing its new FOM rules in the wake of a  recent court decision.

ALEXANDRIA, Va.–Total assets at federally insured credit unions rose by $91-billion, or 6.3%, during the second quarter to hit $1.52-trillion, according to new data released by NCUA.

NEW YORK—A new study finds a conflict between what members say they are looking for and where credit union management teams are focused. The study further found CU members are receptive to the concept of open banking, while trust remains a large factor in their decisions to bank with a CU, a new study shows.