MARIETTA, Ga.–Noting large branches with multiple drive-through lanes “aren’t being used like they once were,” LGE Community Credit Union here has now gone live with 11 Glory TellerInfinity units from Catalyst Corporate Federal Credit Union and Glory.
Fresh Today
TALLAHASSEE, Fla.–A former employee at Gulf Winds Credit Union has been arrested and charged with opening up several thousand dollars’ worth of loans under an elderly member's name.
CHICAGO – A new survey offers reasons consumers are giving for moving or not moving their financial accounts, as well as what they are looking for in the process.
LONDON—A new report shows that in at least one country, people are turning more to their savings than credit cards for purchases.
WASHINGTON—Senate Finance Committee Chairman Orrin Hatch (R-UT) and Sen. James Lankford (R-OK) have introduced companion legislation that would require the Bureau of Consumer Financial Protection to issue timely guidance on its rules in order to facilitate industry compliance and better protect consumers.
WASHINGTON—The Senate Banking Committee was urged to "ensure that when fintechs compete with regulated financial institutions, they must do so on a level playing field where smart regulations and consumer protections apply to all actors in that space."
NEW YORK—Private student loans are the fastest growing loan category among credit unions, according to a new report.
WASHINGTON–Two trade groups representing payday lenders have filed a motion for preliminary injunction to enjoin the Bureau of Consumer Financial Protection from enforcing its payday lending rule.
PLANO, Texas–Kathy Garner, CEO of Catalyst Corporate Credit Union, has announced plans to retire in March 2019, with the $2.6-billion corporate naming Bruce Fox as Garner’s successor.
RALEIGH, N.C.–In the wake of damage and flooding from Hurricane/Tropical Storm Florence, State Employees’ Credit Union’s SECU Foundation announced a grant of $1 million to the Feeding the Carolinas program to assist victims in the counties directly affected by the storm.