PURCHASE, N.Y.—Will MasterCard become a payment service provider in China?
Fresh Today
LOS ALAMITOS, Calif.–Two California credit unions have announced merger plans.
PORTLAND, Maine — A former Portland police officer who in 2015 pleaded guilty to embezzling more than $500,000 from a police credit union has been sentenced in federal court to a year and a day in prison and ordered to repay the entire sum.
WASHINGTON– Banks tightened their standards on commercial and industrial (C&I) and commercial real estate (CRE) loans over the second quarter of 2016, while demand for C&I loans was little changed and demand for CRE loans had strengthened during the second quarter on net, according to the latest results in the 2016 Senior Loan Officer Opinion survey on Bank Lending (SLOOS) released by the Federal Reserve.
FOSTER CITY, Calif.—The U.S. migration to EMV is marching steadily along, reports Visa, which announced there are now 326.8 million EMV cards in use.
ANN ARBOR, Mich.–Consumer confidence slid a bit in July from June. The University of Michigan reported its final index of sentiment declined to 90 in July from 93.5 in June.
HIGHTSTOWN, N.J.–Credit unions in New Jersey are rolling out a supplemental marketing strategy designed to tell credit union stories as a means to showcasing the CU difference.
ROANOKE, Va.–Eugene (Gene) Butler is retiring from the board of Member One Federal Credit Union after 64 years.
LAS VEGAS– New research released by TransUnion has found that credit unions continue to grow at a faster rate than other financial institutions, and Millennials are both a key driver and target market for sustained loan growth.
WASHINGTON–A new analysis suggests a link has been identified between technology adoption and growth at credit unions with less than $50 million in total assets.