OCEANSIDE, N.Y.–Joseph Garay, president and CEO of Ocean Financial FCU here, has announced plans to retire.
Fresh Today
NEW HAVEN, Conn. – Wepawaug-Flagg Federal Credit Union has introduced a new name and brand.
HOBOKEN, N.J.– A new ranking reveals which banks were the subject of the most complaints by consumers to the Consumer Financial Protection Bureau during 2018. It may surprise some to discover that while it made the top 10, Wells Fargo was in the bottom half of the list.
WASHINGTON—Legal and illegal migrants sent $53.4 billion in remittances back to Mexico and Central America in 2018, or approximately double the estimated cost of building a border barrier on the U.S.-Mexico border, according to a World Bank report.
NEW YORK—The ultra-premium rewards have turned into “financial albatrosses,” according to a new report.
HANGZHOU, China—Ant Financial, the Chinese e-commerce giant partly owned by Alibaba, is rumored to be looking to acquire British currency exchange startup WorldFirst for around $700 million, according to a new report.
WASHINGTON–Credit unions and CUSOs that offer auto insurance in California will need to ensure compliance with a new regulation in the state that eliminates the use of gender when setting insurance pricing.
ARLINGTON–NAFCU has sent a letter to House Financial Services Committee Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) in response to efforts by Zillow to enter the mortgage market.
LONDON—Expect open banking to make major inroads in 2019, one expert is predicting.
WASHINGTON—CUNA has written to the leadership of the House and Senate Appropriations Committees to urging them to include House report language in any final appropriations legislation for fiscal year 2019.