LAWRENCEVILLE, Ga.–Members ofLakelands Federal Credit Union here have approved a merger with Peach State FCU. The combination, which has been approved by the NCUA, is effective April 1.
Fresh Today
PROVO, Utah–New data for credit union performance during Q4 of 2017 reveals some trendlines.
HOBOKEN, N.J.–The enormous debt held by many recent college grads has been well-reported, but the amount owed isn’t all due to education—more than half of student borrowers say they will use the funds to help pay for a Spring Break trip.
SAN FRANCISCO—A federal appeals court has rejected California Pacific Bank’s challenge to the U.S. Bank Secrecy Act as unconstitutionally vague, saying a government manual clarifying the act is detailed enough to inform banks of required conduct.
TACOMA, Wash.–CU Strategic Planning has sent a letter to members of the House Subcommittee on Financial Services and General Government Appropriations urging Congress to restore full funding to the Community Development Financial Institutions Fund.
SAN JUAN, P.R.–Puerto Rico’s credit unions are participating in a program that helps residents finance solar power kits that have grown increasingly popular as the island struggles to regain power months after back-to-back hurricanes devastated the power grid in 2017.
WASHINGTON—House and Senate lawmakers have advanced two bills that would expand the Department of Homeland Security‘s cybersecurity mission.
SAN FRANCISCO–Credit unions are “under siege” when it comes to being sued over alleged violations by their websites of the Americans With Disabilities Act.
SAN FRANCISCO–From one-person departments in rural areas to billion-dollar CUs serving high-profile sponsors, business development specialists shared how they are approaching their jobs and overcoming the roadblocks they encounter.
ALEXANDRIA, Va.—Federally insured credit unions across the country saw continued loan growth in the fourth quarter, according to state-level data compiled by NCUA, which also show that Oregon is leading the nation in median loan growth.