CAMBRIDGE, Mass.–Even students at one of the country’s prestigious universities are now being taught the basics of financial skills.
Fresh Today
LONDON—Banks and credit unions might want to pay attention to a growing competitor in the loan space: loans made at the point of sale.
TORONTO, Canada–The Canadian Credit Union Association has launched a new national brand program aimed at highlighting defining principles of Canada’s credit unions, including what the association said consumers are really looking for as summed up in its new tagline, “You First, Banking Second.”
NEW YORK–A new report confirms a reality many CU leaders and especially HR personnel have had to adjust to: many young employees and new hires expect a quick promotion, if not more.
PHOENIX–Two members of Desert Financial CU here have each won $25,000 as part of a mortgage promotion.
PORTLAND, Maine–One year after launching a program to give asylum-seekers no-interest loans to help them secure their first apartments, Infinity FCU has been honored with an “Outstanding Community Partner” award.
WASHINGTON–Sen. Chuck Schumer (D-NY) has sent a letter to NCUA asking it to conduct an immediate review of what he called “deeply troubling conduct” by numerous former credit unions involved in taxi medallion lending.
NEW YORK–Federal prosecutors are seeking a prison term of as much as a decade for a former credit union CEO here, but the ex-CEO and his attorneys are hoping for a more lenient sentence.
SANTA ANA, Calif. — The exposure of more than 885-million mortgage-related records has been confirmed by First American Financial Corp., a provider of title insurance. The company said it has since fixed a vulnerability in its website that exposed records related to deals going back 16 years.
DAYTON, Ohio—With tornadoes ripping through several Midwestern states over the Memorial Day weekend, killing at least three people, most of the effects of the violent weather are being felt by credit unions in Ohio, according to league reports.