ST. PETERSBURG, Fla.–Fraud related to card rewards redemption is just the latest area to be targeted by scammers, and in response PSCU reported it has deployed new technology to protect CU members.
Fresh Today
WASHINGTON–In the wake of the move by the Federal Open Market to increase the federal funds target rate a quarter-point to a range of 0.75 to 1%, analysts are expecting more increases to come and said the decisions will only work to boost CU ROA.
SAN ANTONIO—The Independent Community Bankers of America has announced its top legislative and regulatory priorities for 2017, and while much of its wish list will sound familiar to credit unions, ending the credit union tax exemption once again appears on the list.
WASHINGTON–Even though interest rates are approaching their highest levels in three years, the volume of mortgage applications rose last week, according to the Mortgage Bankers Association’s Market Composite Index.
MONROE, Mich.–Mike Newman, CEO of Monroe County Community CU here, has died.
WASHINGTON–CUNA has sent a comment letter to the Department of Labor urging it to delay the applicability of the Fiduciary rule for at least 180 days.
MADISON, Wis.—CUES has announced that Alexandra Teper, card services specialist at Carolina Foothills FCU in Greenville, S.C., has been named the recipient of the Stan Hollen Scholarship to attend Payments University.
DES MOINES, Iowa–The latest in a series of white papers that examines the future of prepaid cards has been released by TMG.
NEW YORK–The battle in the premium credit cards space continues, with American Express announcing plans to introduce a Platinum card redesigned in stainless steel that will carry a $550 annual fee. Among the benefits: $200 in free Uber rides.
VIENNA, Va.–Navy Federal Credit Union has again been selected as a Fortune 100 Best Companies to Work For. This is the seventh year the credit union has received the recognition.