WASHINGTON–Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $45.6 billion in the third quarter of 2016, up $5.2 billion (12.9%) from a year earlier.
Fresh Today
SHARON HILL, Penn.—NCUA Tuesday liquidated the tiny First African Baptist Church Federal Credit Union here.
COLUMBUS, Ohio–Unity Catholic FCU here is reporting that it has helped members save more than $1 million through the refinancing of automotive, personal and credit card loans.
MADISON, Wis.– The National Credit Union Foundation will host a “Special Holiday Edition” of its bi-monthly Twitter chats for credit unions on Dec. 8 at 4 p.m. ET.
WASHINGTON—While it supports the Federal Housing Finance Agency’s (FHFA) implementation of FAST Act provisions to allow membership to the Federal Home Loan Bank program for non-federally insured credit unions, CUNA is asking the FHFA for a single change to the plan.
DES MOINES, Iowa–Shazia Manus, CEO of payments processor TMG, has been named the winner of a Gold Stevie Award in the Female Executive of the Year – Business Services category.
TEMPLE, Texas—A masked man fired several rounds from an assault rifle into the ceiling of an office of Temple Santa Fe Credit Union here as he robbed the branch.
DULUTH, Minn.–Northern Communities Credit Union (NCCYou) has announced the retirement date of its CEO, as well as his successor.
WASHINGTON—Calling Cyber Monday sales invitations for fraudsters to steal payment card data, NAFCU again emphasized the need for Congress to pass national data security standards for merchants and retailers.
GRAND RAPIDS, Mich.–CU*Answers has added a “Who Has Access” page to all of its client board websites.