ARLINGTON, Va.—Total vehicle sales increased to a rate of 17.5 million annualized units in March. While March's numbers surpassed expectations, overall growth remained lackluster, according to NAFCU Chief Economist and Vice President of Research Curt Long.
HOUSTON, Texas–Cy-Fair FCU has announced a special dividend of more than $250,000 was paid to its members during March.
SAN JOSE, Calif.–A credit union here has purchased naming rights to this city’s venerable Municipal Stadium, home to the San Jose Giants minor league baseball team, as part of its name change.
ALEXANDRIA, Va.–An audit by NCUA’s technology equipment inventory by its Office of the Inspector General (OIG) has found the agency did not adequately monitor, account, and dispose of all its information technology (IT) equipment and that improvements are needed when it comes to disposing of IT equipment.
SAN FRANCISCO — Big banks that raced into cryptocurrency markets seeking both profits and to avoid missing an emerging opportunity are now tapping the crypto-brakes.
MILWAUKEE, Wis.– Credit union professionals were given new insights into asset liability management (ALM) best practices, loan portfolio analytics, and rate sensitivity during at QuantyPhi’s fourth annual Strategic ALM Conference.
RALEIGH, N.C.–Coastal Credit Union said its Foundation is providing $200,000 in grants to Habitat for Humanity of Wake County and Habitat for Humanity of Durham to help build affordable homes in the Triangle area of North Carolina.
NEW YORK—JPMorgan Chase, the largest U.S. credit card issuer, is rolling out new features as it seeks to capture more of the $250 billion that its customers borrow from other firms.
WASHINGTON—In remarks at the American Bankers Association Washington Summit this week, House Financial Services Committee Chairwoman Maxine Waters (D-CA) previewed several policy initiatives that the committee will pursue under her leadership, including housing reform, cannabis and Bank Secrecy Act/anti-money laundering reform, the ABA Banking Journal reported.
STUDIO CITY, Calif.–The police report and search warrant filed in the arrest of the CEO charged for alleged embezzlement at a credit union here show how quickly authorities sought to move out of fear the suspect might destroy evidence.
