SEATTLE—Amazon is investing in debit cards that parents can use to teach their children the importance of money.
Fresh Today
FOSTER CITY, Calif.—Chip cards are putting a big dent in counterfeit fraud, a new report from Visa confirms.
COLOGNY, Switzerland—A new consortium led by the World Economic Forum aims to bolster the financial industry’s battle against a growing range of cyber threats.
WEST LAFAYETTE, Ind.–Purdue Federal Credit Union has again gone out of this world to find its next spokesperson. The credit union has signed an endorsement agreement with astronaut Jerry Ross.
EL SEGUNDO, Calif.–A new analysis finds many employers are building loyalty with Millennials and Generation Z employees through financial wellness programs that offer financial mentorship and guidance for maximizing financial potential and realizing life goals.
WASHINGTON–The attention of credit unions in Washington will be on one issue that’s of interest to CUs–regulatory relief legislation–and another that is of interest to just about everyone–the funding of the federal government.
WASHINGTON—The Federal Open Market Committee (FOMC) begins its two-day meeting today, with one CU economist is saying he would be “shocked” if the Fed didn’t move to boost rates. The Fed is widely expected to approve of another quarter-point interest rate hike.
PORTSMOUTH, N.H.–A federal judge has given the OK for a class action lawsuit to move forward against Northeast Credit Union that alleges it imposes overdraft fees using members’ “available balance” as opposed to “actual” or “ledger balance.”
SALT LAKE CITY–The 13th annual California and Nevada Credit Unions for Kids Wine Auction raised $1.3 million for the 11 Children’s Miracle Network Hospitals in California and Nevada.
OAKTON, Va.–The $932-million Wright Patman Congressional FCU has named a new CEO. The credit union has selected Sean Zimmerman to lead the organization, replacing Tony Caccese, the CFO who has been acting as interim CEO.