GRAY, Tenn.–One week after the death of its CEO, 11 employees of Appalachian Community FCU here were laid off as part of a “restructuring.”
Fresh Today
WASHINGTON–A credit union representative will be among those testifying before Congress this week at a hearing on providing banking services to marijuana-related businesses.
TAMPA, Fla.– Trellance has acquired OnApproach, a CUSO that provides data analytics solutions to credit unions.
LAKE MARY, Fla.–Effective May 1, Central Florida Educators FCU will be changing its name and changing charters. The $1.8-billion CFE FCU said it will begin operating as Addition Financial Credit Union, as it also moves to a state charter.
WASHINGTON—The Federal Reserve reported that outstanding consumer credit at credit unions for December 2018 grew, but at a slower pace than November.
NEW YORK–Credit unions in New York, Texas and California have all named new CEOs.
WASHINGTON—An interim final rule published by the Department of Veterans Affairs (VA) amending its regulations regarding VA-guaranteed or insured cash-out refinance loans is set to go into effect Friday, Feb. 15.
MADISON, Wis.–Two Wisconsin credit unions are merging. The tiny STAR Credit Union, with just $31,000 in assets and 707 members, will merge into the $3.2-billion Summit Credit Union, which has nearly 184,000 members.
PIERRE, S.D.– A bill that modernizes the South Dakota statute pertaining to Multiple Employer Trusts (Association Health Benefits) has now passed both houses of the South Dakota legislature and is on its way to the governor for his signature.
BALTIMORE –– Destinations Credit Union said it is partnering with Operation HOPE to bring credit and money management coaching to the Greater Baltimore community by opening a new “HOPE Inside” location in its main office.