ARLINGTON, Va.—Retail sales continued to grow in September but at a slower-than-expected pace: total retail sales rose 0.1% during the month – the same as August – while July's growth was revised down to 0.6%.
Fresh Today
TACOMA, Wash.–Credit unions in the Pacific Northwest were given an update on where CUNA’s Open Your Eyes awareness initiative now stands.
WASHINGTON–The U.S. Department of Defense is warning that a data breach has exposed travel records for at least 30,000 military personnel.
AUSTIN, Texas–The Credit Union Commission of Texas has named John J. Kolhoff as the new commissioner of the Texas Credit Union Commission.
ST. PAUL, Minn. – Minnesota’s credit unions have launched a clean energy lending platform called “CU Green.”
WASHINGTON—Mortgage Translations has been launched jointly by the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac as a new centralized hub of online resources now available to assist lenders and others in the mortgage business as they serve limited English proficient (LEP) borrowers.
WASHINGTON—CUNA will conduct a webinar Oct. 30 to discuss a letter received by certain credit unions from law firms calling for negotiation of a patent licensing deal for remote deposit capture (RDC).
BANGOR, Maine–Organizers of a start-up credit union here say they have raised the funds needed to move forward with their state charter.
CIRCLE, Mont.–Two Montana credit unions have announced merger plans. The $9-million Fallon County FCU in Baker said its members have voted in favor of merging into the $71-million McCone County FCU.
WASHINGTON—The Treasury Department’s Financial Crimes Enforcement Network has been looking into whether foreign buyers are using shell companies to buy luxury U.S. real estate in order to launder money for almost three years, but two Democratic senators want the government to do more to figure out how much criminal activity is prevalent in such deals.