WASHINGTON—While Congress is focused on passing legislation that would avert a federal government shutdown, credit unions are hopeful a provision providing relief to financial institutions serving cannabis businesses could be included in other legislation.
Fresh Today
ARLINGTON, Va.—Credit unions' loan growth remains exceptionally high, as it has for several consecutive years, according to NAFCU's third-quarter CU Industry Trends report.
ARLINGTON, Va.—Total retail sales rose 0.2% in November following strong gains in October.
HELENA, Mont.–Helena Community Credit Union has changed its name. The $206-million CU is now Intrepid Credit Union, and said it made the name change in part because it is expanding beyond the Helena market into Bozeman, Mont., in February of 2019.
WASHINGTON—Congress is again being urged to deliver a national data security standard for entities that collect and store consumers' personal and financial information that are not already subject to the same stringent requirements as depository institutions.
ST. CLOUD, Minn. – Great River FCU here says it expects to save approximately $10,000 per month in data processing costs following its move to the core solution offered by CUProdigy.
SACRAMENTO, Calif.–A former executive with the NBA’s Sacramento Kings has pleaded guilty to stealing money from two of the team’s top two sponsors, one of which is The Golden 1 Credit Union.
FT. BRAGG, N.C.–Fort Bragg FCU here is paying out more than $624,000 in loyalty dividends to approximately 24,000 qualified members. It is the first bonus dividend paid in the credit union’s 58-year history.
MADISON, Wis. – Donations from CUNA Mutual Group employees and the company’s foundation will provide a $1.7-million benefit to nonprofits in Dane County and other communities nationwide where the organization’s employees reside, the company said.
WASHINGTON—As Americans with Disabilities Act website accessibility cases against credit unions continue to work their way through the federal court system—some now reaching the appellate court level—CUNA said it is preparing to submit another amicus brief in support of a CU defendant.