NEW YORK—At its meeting here, the Municipal Credit Union board of directors voted to formally terminate president/CEO Kam Wong.
Fresh Today
CHARLOTTE, N.C.–Charlotte Metro Credit Union announced a new partnership with Habitat for Humanity Charlotte. Over the next three years the credit union will lend $3 million — a maximum of $1 million annually — in mortgages to Habitat homeowners.
WASHINGTON—The Federal Trade Commission has filed a complaint in federal district court seeking to stop two related operations and their principals who allegedly facilitated billions of illegal robocalls to consumers nationwide, pitching everything from auto warranties to home security systems and supposed debt-relief services.
SEATTLE–Credit unions have frequently expressed concerns that Amazon would fully enter financial services–but might the company start nibbling away at ancillary services first?
NEW YORK—Credit card companies are taking the next step in using their points programs to influence what millions of customers buy, going as far as influencing what color blender they might purchase.
ORONO, Maine–University Credit Union here, which serves the University of Maine System students, employees, alumni and their families, has introduced a University of Southern Maine Platinum Rewards VISA credit card that supports the University of Southern Maine Foundation.
NEW YORK—A new study reveals that many consumers learned about credit cards on their own. The report from CreditCardsExplained.com shows that there's almost a 50% chance a cardholder is “self-taught.”
ROANOKE, Va.–A federal district court has again ruled that a plaintiff lacked standing to file a lawsuit against a credit union over alleged violations by its website of the Americans with Disabilities Act.
WASHINGTON–The agenda in Washington this week will primarily affect credit unions indirectly, as a number of appropriations bills are up for debate and discussion.
ARLINGTON, Va.—Media coverage of the recently passed regulatory relief bill, S. 2155, has created confusion around some provisions that need clarification, according to NAFCU.