LA MESA, Calif.–USE Credit Union has opened a new branch here that includes a “Dream Wall” for members, among other changes.
Fresh Today
CHAMBERSBURG, Penn.–1st Ed Credit Union has secured the first naming-rights deal in Chambersburg Area School District under which the indoor track at Chambersburg Area Senior High School will be known as the 1st Ed Credit Union Indoor Track.
NEW YORK—Don’t expect cybercrooks to make New Year’s resolutions to change how they attack next year, because a lot of what they are doing now is working well, a new report says.
CUPERTINO, Calif.—When Apple made Face ID the star of its iPhone X, facial recognition took a big step toward becoming the preferred method for biometric personal identification, according to one analysis.
SALEM, Ore.–NCUA may need to move to increase loss reserves in the National Credit Union Share Insurance Fund due to ongoing losses by credit unions that have made taxi medallion loans, according to NCUA Board Member Rick Metsger.
SACRAMENTO, Calif.–With recreational marijuana becoming legal in California on Jan. 1., this state’s regulators have proposed creating a special, private-sector banking system that would allow banks and credit unions to serve the cannabis industry without inviting federal sanctions.
PARCHMENT, Mich.–Advia Credit Union here is asking a Washington, D.C. court to order the Consumer Financial Protection Bureau to turn over records the credit union said it needs to defend itself as part of a $40-million lawsuit related to its overdraft practices.
WASHINGTON—During testimony before Congress, Brian Ducharme, CEO of MIT Federal Credit Union, urged members of a House Financial Services subcommittee to support legislation to stop the NCUA's risk-based capital rule (RBC) from taking effect on Jan. 1, 2019.
WASHINGTON—The housing market continued to expand, according to Fannie Mae’s latest Home Purchase Sentiment Index (HPSI). The index increased 2.6 points in November to 87.8, once again nearing its all-time high from September, the agency reported.
VENTURA, Calif.–As the Southern California wildfires continued to rage over the weekend, the California and Nevada CU League working to assess the impact on all the credit unions involved.
