PORTSMOUTH, N.H.–Just two years after naming a new CEO, and while still engaged in litigation with its former CEO, David Van Rossum has left as CEO of Service Credit Union.
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BATON ROUGE, La.–EFCU Financial Credit Union has announced an increase in its minimum starting pay for frontline member service representatives, as well as some back office positions, to $15 an hour.
FAIRHOPE, Ala.–CU*SOUTH said it is partnering with Auto Link to offer a new tool to help credit unions boost their retail presence as members shop for cars and protect the financing opportunity.
NASHUA, N.H.–The $667-million Triangle Credit Union has named a successor to its retiring CEO.
WASHINGTON–The Top 10 complaints made by consumers during 2017 have been tallied up, and not surprisingly, financial issues are woven throughout the list.
WASHINGTON–Personal income increased $71.7 billion (0.4%) in June according to estimates released by the Bureau of Economic Analysis.
HOBOKEN, N.J.–Does the Summer heat also warm up consumer spending?
NEW YORK—Thanks to increasing smartphone usage and a push for faster, simpler and more secure financial transactions, mobile payments could become a $3.4 trillion industry by 2022, according to one forecast.
ALEXANDRIA, Va.–While its proposal related to risk-based capital is getting most of the attention, the NCUA board also took action on several other items during its meeting here, including putting out for comment proposals around loans to members.
WASHINGTON–The credit union trade associations have responded with mixed reactions to an NCUA proposal to delay by one year compliance with its risk-based capital proposal, and to further change the definition of “complex” credit union so that 90% of CUs are exempt.