CINCINNATI—Car lease marketplace Swapalease.com reports car lease credit applicants registered just a 54.3% approval rate for July.
Fresh Today
ANN ARBOR, Mich.–A group of credit unions plans to be out to lunch on Oct. 17, and they’re looking for others to join them.
BEAVER, Penn.–A small CU here has opted to merge. The $1.2-million Duq-Lite Employees FCU has merged into the $226-million West-Aircomm FCU.
GRAND RAPIDS, Mich.–Xtend Inc., a CUSO, is reporting it has successfully launched its new inbound contact center return call feature, which gives credit union members on hold the ability to request a call back when an agent is available. Xtend said has been working on the project throughout 2017, testing and getting to know the toolset features.
DUBLIN, Ireland–The Bank of Ireland is being strongly criticized by elected officials for the loss of financial institution branches in many towns, who are adding calls for expanded powers for credit unions and the country’s Post Office.
KIEV, Ukraine—Ukraine's central bank has warned state-owned and private banks across the country that a new malware campaign targeting financial services firms across the country may be a prelude to another assault of Not-Petya proportions.
WASHINGTON—NAFCU is opposing NCUA's proposal to increase the normal operating level (NOL) of the National Credit Union Share Insurance Fund (NCUSIF) from 1.3% to 1.39%.
LAS VEGAS—Cybersecurity risks aren’t going away—in fact, they’re becoming more threatening. But the biggest risk of all is already working at the credit union, according to one person.
WASHINGTON–The federal case against Imran Awan, a former IT aide for Rep. Debbie Wasserman Schultz (D-FL) who allegedly engaged in a conspiracy to steal money from a credit union, has now expanded with additional charges filed.
NEW HAVEN, Conn.–Connex Credit Union here has filed a lawsuit against a local car dealership that alleges the terms of a prior settlement agreement have been breached.