VIENNA, Va.—Navy FCU topped $1.198 billion in net income for 2016, according to the CU’s income statement.
Fresh Today
EL PASO, Texas–Credit unions in Texas and Maine are the latest to announce bonus dividends and loan interest refunds.
BENTONVILLE, Ark.—In the wake of a June 2016 announcement by Walmart that shoppers in Canada would no longer be able to use their Visa cards at the retailer due to a dispute about transaction fees, the company is now reporting it has reached an agreement with the card association.
BROOMFIELD, Colo.—Noodles & Co. has urged a Colorado federal judge to dismiss a class action lawsuit filed against the restaurant chain by a group of credit unions over a 2016 data breach.
MADISON, S.D.–Two credit unions are unveiling new looks and new names. East River FCU here has taken the wraps off a new logo that features water ripples and a smile as the icon.
CARPINTERIA, Calif.–Credit cards continued to gain share against all other forms of payment in the U.S. in 2015, according to new data compiled by The Nilson Report. The company said its research involved 11 methods of consumer payments in the U.S.
ALEXANDRIA, Va.—NCUA is hosting a webinar Feb. 15 that will address Small Business Administration loan programs. The free 90-minute webinar, SBA Opportunities for Credit Unions, is scheduled to begin at 2 p.m. ET. Online registration is available here. Registrants will use this same link to log into the webinar.
PORTLAOISE, Ireland–People First Credit Union here and Laois-based Athy Credit Union have agreed to merge their operations following their respective annual general meetings.
OSHKOSH, Wis.–The $795-milion Verve, a Credit Union, here is reporting it closed $3.9 milion in loans using Chatter Yak!’s Yak Tracker tool, which allows credit unions to use social and digital media to generate leads and revenue.
LAKEWOOD, Colo. – CU Service Network has launched a new brand, CU Works. CU Works is an umbrella brand that will encompass a variety of critical back office services for credit unions of all sizes, the company said.