OAK HARBOR, Ohio–Commodore Perry FCU here is introducing two new products, including what it says is a one-of-a-kind loan in the U.S., after being awarded an $875,000 grant from Treasury’s Community Development Financial Institutions Fund.
Fresh Today
BUFFALO GROVE, Ill.—New research adds weight to the notion young consumers are driven more by price than brand. According to survey results from payment solutions provider Swift Prepaid Solutions, price matters most to Gen Z and young Millennial shoppers.
PHOENIX–One AZ Credit Union has announced an affinity credit card relationship with Northern Arizona University.
CHEHALIS, Wash. – Substantial physical damage was done to a credit union branch here after thieves used a forklift to steal an ATM.
STUDIO CITY, Calif.–How did the CEO of a $21-million credit union allegedly manage to steal $40 million from the CU?
STUDIO CITY, Calif.–More specific details around the steps a credit union CEO took to allegedly embezzle more than $40 million are included in documents filed in the U.S. District Court for the Central District of California.
ALEXANDRIA, Va.–Failed taxi medallion lender credit unions caused a more-than-three-quarters-of-a-billion-dollar loss to the credit union share insurance fund—now NCUA’s Office of Inspector General (OIG) has made three recommendations to correct problems that contributed to those failures.
ARLINGTON, Va.—Total retail sales decreased 0.2% in February, and consumer spending could remain low this year, which could impact overall economic growth, according to one analyst.
ORLANDO—Two-million credit and debit card numbers have been for sale online following a data breach affecting Earl Enterprises, the parent company of Italian restaurant chain Buca di Beppo and other brands such as Earl of Sandwich and Planet Hollywood, Krebs on Security reported.
WASHINGTON—While credit unions share concerns about unwanted robocalls to consumers, CUNA believes the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act (S. 151) as presently drafted would negatively impact credit union-member communications.