ARLINGTON, Va.—Total consumer credit rose a modest 3.9% in June, with both revolving and non-revolving credit losing some momentum.
Fresh Today
DURHAM, N.C.–The 258 branches of State Employees Credit Union in North Carolina are being used as collection points for a school supply drive as the state’s governor argues the general assembly has underfunded education in the state.
GRAND RAPIDS, Mich.–AuditLink, the audit and compliance division of CU*Answers, recently hosted “An Afternoon of Compliance” for network clients.
LOUISVILLE, Ky.–The $390-million Kentucky Telco Credit Union announced it will be changing its name, but has not yet revealed what that new name will be.
JACKSONVILLE, Fla.–First Florida Credit Union has made a $250,000 donation to Florida State College at Jacksonville to launch a business speaker series and bolster its Financial Skills Academy.
MADISON, Wis.–The National Credit Union Foundation said it has made a “deep well of resources” available to help credit union employees to understand not just the credit union difference but to also live it, as well.
KIEV, Ukraine —The Credit for Agriculture Producers (CAP) Project in the Ukraine organized and hosted an engagement visit here for international credit union experts, composed of members of World Council of Credit Unions (WOCCU) and the Global Women’s Leadership Network.
ALEXANDRIA, Va.–NCUA has offered an update on the closure of the Temporary Corporate Credit Union Stabilization Fund, including what has led to the surprise announcement that a payout is likely in the first half of 2018.
WASHINGTON—NAFCU has joined with CUNA and NASCUS in saying it does not support NCUA’s proposal that calls for greater transparency and more member input in voluntary CU mergers.
IRVINE, Calif.–Mortgage delinquencies continue to slide.