KETTERING, Ohio–Two Ohio credit unions are merging. The $345-million Day Air CU said it will absorb via merger the $17-million Triangle Credit Union here.
Fresh Today
MONTGOMERY, Ala.–Guardian Credit Union here has signed on to be the title sponsor for a college football game that will kick off the 2017 season.
ST. PAUL, Minn.–Affinity Plus Federal Credit Union has introduced a new parental-leave employee benefit that grants parents of birth or adopted children six weeks of leave at 100% of their pay.
MUSKEGO, Wis.–Corporate Central Credit Union has released a new white paper titled, “Performance Optimization for Credit Unions: How to Build Useful, Effective Benchmarks.”
VIENNA, Austria–The World Council of Credit Unions has asked the Financial Action Task Force (FATF) to provide clearer anti-money laundering/countering rules related to the financing of terrorism.
ALEXANDRIA, Va. – Credit unions seeking more information about the National Credit Union Administration’s new field-of-membership rule can now watch the recent agency webinar and review questions and answers from the event.
WASHINGTON—The CFPB will accept public comments on its plan to assess its remittance rule until May 22, according to a Bureau notice in the Federal Register.
DETROIT–The former credit union CFO who embezzled more than $18 million over a 12-year period and who was known locally as a charitable civic leader, has been sentenced to 11 years in federal prison.
WASHINGTON—At the end of 2016 some 1,118 credit unions reported a loss, a new report indicates.
WASHINGTON—House Financial Services Chairman Jeb Hensarling (R-TX) said he is confident Congress will take action this year to reform Dodd-Frank.