WASHINGTON–The U.S. economy added 304,000 jobs in January, a strong number that was above what many analysts had predicted.
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SAN DIEGO—U.S. data breaches were down 23% in 2018 after hitting a record high in 2017; however, the amount of consumer personally identifiable information (PII) stolen was up 126%, according to the Identity Theft Resource Center (ITRC).
WASHINGTON—CUNA has written to the Federal Housing Finance Administration opposing its proposed Federal Home Loan Bank affordable housing goals regulations because they “specifically exclude credit unions from being eligible to participate in the newly created smaller member participation goal,” the trade association said.
TULSA, Okla.–TTCU FCU announced it paid out nearly $3 million to its members in the form of member rewards dividends during 2018. The credit union said the payout of $2,984,000 was a 6% increase over 2017.
WASHINGTON—Federal Housing Finance Agency Acting Director Joseph Otting has responded to a request from House Financial Services Committee Chairwoman Maxine Waters (D-CA) and Senate Banking Committee Ranking Member Sherrod Brown (D-OH), asking for the administration's housing finance reform plan.
TORRANCE, Calif.–The Official Credit Union of the Los Angeles Rams, Unify Financial, will be hosting two parties this weekend when the team plays in Super Bowl LIII against the New England Patriots.
ALEXANDRIA, Va.-- NCUA issued one prohibition order in January.
DENVER–CULedger, the CUSO that is working to deliver a blockchain-based network of one-to-one digital exchange for credit unions, announced that it has achieved its goal of $10 million in Series A funding.
GERMANTOWN, Md.–Montgomery County Employees FCU said it has been granted a field of membership expansion by NCUA that permits it to serve all those who live, work, worship, attend school or volunteer in the counties of Montgomery and Frederick in Maryland; the District of Columbia; and Alexandria, Falls Church, and Arlington County in Virginia.
RANCHO CUCAMONGA, Calif.–CO-OP Financial Services has announced Jean Chatzky, financial editor of NBC’s TODAY show, will be returning as host of the company’s THINK 19 meeting in Miami Beach, along with five additional keynote speakers who will share their unique perspectives about business transformation under the conference theme “Opportunity Never Rests.”