AUSTIN, Texas–A new report on mobile banking and Internet banking has found “there are huge differences” in financial behavior from device to device.
Fresh Today
BURNSVILLE – Firefly Credit Union has released its 2016 Membership Value Report in which it said it delivered collective member value of nearly $18 million last year. The report, which was mailed out to qualifying members, details the estimated value they received during 2016 from the accounts they currently hold at Firefly Credit Union.
GALVESTON, Texas – A former credit union employee has been arrested here and charged with bank fraud, theft and misapplication, and making false statements in the books and records of a financial institution. Authorities indicated that the amount of money allegedly stolen exceeded $460,000.
WASHINGTON—The Consumer Financial Protection Bureau Thursday issued a proposal to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule.
SHREVEPORT, La.—NCUA Thursday placed the $107-million Shreveport FCU here into conservatorship.
HONOLULU–In less than four years after setting a five-year goal to raise $500,000 to help build the new Kapiolani Medical Center for Women and Children here, Hawaii’s credit unions have surpassed their objective and raised $536,444.54.
WASHINGTON—The Independent Community Bankers of America has again raised its concerns with the Office of the Comptroller of the Currency’s proposal to grant special-purpose bank charters to unregulated financial technology companies, otherwise known as fintechs.
BROOKLYN, N.Y.—Bay Ridge Federal Credit Union has named Anthony Grigos as its new president. Grigos, formerly EVP, succeeds Gene Brody, who stepped down at the $200-million CU’s annual meeting.
NEW BERLIN, Wis.—The Wisconsin Office of Credit Unions has approved a request from $3.2-billion Landmark Credit Union here for an exception to the aggregate member business loan cap, Keith Leggett reported.
BISMARCK, N.D./FARGO, S.D.–The Credit Union Association of the Dakotas has named its new board.