Fresh Today

Fresh Today

NEW HAVEN, Conn. – After levying record numbers of enforcement actions against financial institutions (FIs) in recent quarters, regulators eased enforcement activity slightly in 2016’s second quarter, according to The Banking Compliance Index (BCI).

ALEXANDRIA, Va.– Grants totaling nearly $2.5 million have been awarded by NCUA to 309 low-income credit unions to be used to expand services to underserved communities, train staff, improve cybersecurity and provide students with work experience.

GLENDALE, Ariz.–Arizona Federal Credit Union hosted its third Taste the Good Life happy hour at its newly remodeled branch here for two hours in the evening. During the happy hour event, the credit union offered the public a chance to learn more about their credit, while enjoying live music and gourmet appetizers. More than 100 people attended, and 48 guests engaged in a credit consultation with a financial coach to discuss their credit report and identify opportunities to improve their financial lives, Arizona Federal reported.

CORK, Ireland–Four credit unions in this city and Limerick with combined assets of €128 million said they are planning to merge in a bid to cut costs.