SOUTH BOSTON, Mass.–Mass Bay Credit Union is putting its South Boston headquarters on the market, but with a caveat: any sale and redevelopment must include the credit union staying on the site.
Fresh Today
WASHINGTON—A new study has found students have an increasing amount of credit card debt and usage as they progress through college.
ARLINGTON, Va.–Following the NCUA board’s 2-1 vote to delay its risk-based capital rules for another two years until Jan. 1, 2022, NAFCU and former NCUA chairman Dennis Dollar responded--Dollar questioning now whether the rule will ever become final, while NAFCU expressed support for the decision.
ALBANY, Ga.–DOCO Credit Union has entered into a naming rights agreement with Flint River Entertainment Complex to become the official box office sponsor of all shows at the Albany James H. Gray Civic Center, Albany Municipal Auditoriu
CHICAGO–Marijuana company Columbia Care announced it plans to roll out a credit card that its customers will be able to use at its dispensaries. The card is being offered as an option to using cash, which dominates transactions in the retail cannabis business due to the lack of financial institutions willing to serve the businesses due to federal restrictions.
ALEXANDRIA, Va.–When the NCUA board votes at its meeting this morning on its risk-based capital proposal, many in credit unions are anticipating it will delay the effective implementation date. But will a delay cost credit unions money, both in costs to the NCUSIF and in potential rebates they might not receive?
NEW ORLEANS—There are trying times ahead for consumers, which means It’s never been a better time to be a credit union to not just lend a hand, but to play a role in the “trust crash,” according to NAFCU President Dan Berger.
NEW ORLEANS—Think the war for talent is tough now? Wait until 2030, says one expert.
NEW ORLEANS–During its Annual Conference and Exhibition here, NAFCU announced its newly elected and continuing members of its 2019 – 2020 Board of Directors.
ORLANDO, Fla.–Approximately 10% of credit union CEOs are expected to retire over the next two years, with reverberations that will be felt across CU management chains, according to one person, who said the trendline puts additional pressure on compensation plans.