OTTAWA, Ill.–Bakelite Credit Union has a new name. The $12-million CU is now First Choice Credit Union.
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ALBANY, N.Y.–The New York Credit Union Association and SpringFour said they are launching a partnership to provide credit union members who are struggling financially with access to local resources.
SAN DIEGO – Bank of America will pay nearly $2 million to settle a lawsuit alleging it violated a California law by failing to timely disclose its automatic recording of phone calls with members of the public.
TAMPA, Fla.–USF Federal Credit Union has launched a rewards program that returns money to members depending on overall balances in loans, savings and checking accounts.
SEATTLE—As part of an agreement with the Federal Trade Commission, Amazon has started refunding parents for unauthorized in-app purchases their children made.
SAN FRANCISCO—College students pay more than $795 million a year on bank and credit card fees, a new study shows.
GRAND RAPIDS, Mich.–Four client credit unions of CU*Answers were recognized during the Michigan CU League’s recent annual convention.
KINGSTON, Jamaica–This country’s prime minister said the credit union movement in Jamaica has now become the largest membership organization here.
LAKE FOREST, Ill.—Is free checking actually aimed more toward the wealthy?
WASHINGTON–With no legislation related to credit unions scheduled for the floor of the House or Senate this week, the credit union trade groups instead have their eyes on a number of hearings in Congress and scheduled remarks by its various members.