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.
Fresh Today
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.
WASHINGTON–The Supreme Court has ruled 5-4 that employers can use class-action waivers in arbitration agreements and bar employees from such lawsuits. Instead, employers may require employees to use individual arbitration to settle disputes, the Court ruled.
ALEXANDRIA, Va.–Private flood insurance policies for applicable loans must be accepted by credit unions beginning on July 1, according to a Regulatory Alert sent by NCUA to all federally insured CUs.
WAUKESHA, Wis.–Retailers across Wisconsin that raced to offer CBD-related products are now reporting difficulties finding financial institutions willing to serve them.