WESTERLY, R.I.–Joseph N. Cugini, well-known to many in credit unions for his long career in the movement, has died. Mr. Cugini was 89.
Fresh Today
PLEASANTON, Calif.–Patelco Credit Union has launched a gamification promotion called “Play. Save. Win.” to encourage people to save.
SAN FRANCISCO—The Ninth Circuit Court of Appeals has ruled the Telephone Consumer Protection Act's (TCPA) government-backed debt collection exception violates the First Amendment.
MADISON, Wis.—Summit Credit Union has launched its 11th Project Money competition by selecting its 2019 participants.
WASHINGTON—Most consumers think their credit card rates are too high and predict the Federal Reserve will reduce rates by Fall, a new study reveals. The Fed’s Open Market Committee will announce later today whether it opted to adjust rates.
MASSENA, N.Y.–SeaComm FCU here has signed on as the first major sponsor for a well-known fishing tournament that will debut here in September.
OSHKOSH, Wis.—Verve, a Credit Union said it plans to acquire South Central Bank NA, a $300-million community bank based in the Chicago area.
WASHINGTON–Both the House and the Senate are back in session this week, but credit unions will be paying as much attention–if not more–to NCUA than Congress.
INDIANAPOLIS—As one of a number of credit unions that just reached a settlement with the CFPB to forgive nearly $170 million in student loan debt, Elements FCU says it did not intend to harm borrowers as a result of its relationship with the CUSO it helped create, Student CU Connect.
ARLINGTON, Va.—Total retail sales increased 0.5% in May, and April's sales growth was revised upward from -0.2% to +0.3%. NAFCU's Curt Long noted that strong gains in consumer spending may diminish the chances of a recession in 2019.