NEW YORK–There has been a merger among two major players in the relatively new industry of big institutional single-family home landlords.
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WASHINGTON—Rep. Paul Cook (R-CA) is requesting signatures from his House colleagues on a letter asking the Department of Defense to exempt credit unions from the July 2015 amendments to the Military Lending Act. Credit unions are encouraged to urge their representatives to sign the letter.
DENVER–CULedger, the blockchain initiative that has been led championed by CUNA and the Northwest Credit Union Association, is now a CUSO called CULedger, LLC, the two organizations said. Credit unions will have a majority ownership in the newly formed CUSO.
PORTSMOUTH, N.H.–An alleged affair between the former CEO of Service Credit Union here has led to two lawsuits against the CU, in addition to one filed by the CEO himself.
NEW YORK—The major credit card companies are finding themselves the target of public pressure related to recent, racially divisive events in Charlottesville, Va.
DEPTFORD TOWNSHIP, N.J. — Another credit union is tying a loan promotion to the Aug. 21 Total Solar Eclipse.
LAS VEGAS—The economy is now in its ninth year of recovery—the third longest expansion in U.S. history. But that doesn’t mean a recession is looming, says Bill Hampel.
ARLINGTON, Va.—Total retail sales rose 0.6% in July – turning in the biggest increase since December.
LAYTON, Utah–CUProdigy, a CUSO that provides cloud-based core data processing solutions, and eDOC Innovations, a CUSO that provides digital transaction management and related technologies, have announced a partnership to strengthen the technology they’re able to jointly offer credit unions.
RALEIGH, N.C.— Isaac B. Dickson, Jr., chairman of Carolina Foothills FCU, has been inducted into the African American Credit Union Coalition Hall of Fame.