Fresh Today

Fresh Today

NEW YORK–It isn’t just the cost of homes that has been rising beyond the means of many Americans; rent continues to increase, as well.

LANSING, Mich.—In response to two Michigan CU fraud cases—one at Clarkston Brandon Community CU and another at Shoreline FCU—the Michigan Credit Union League & Affiliates has developed a white paper detailing ways CUs can reduce fraud risk.

PARSIPPANY, N.J. – Garden Savings Federal Credit Union has launched a new advertising campaign using signage on buses that run out of Newark and touch the credit union’s other markets, including Maplewood, Dover and Parsippany.

ATLANTA and LAS VEGAS–Eighty-four percent of fraud mitigation professionals see cross-industry fraud in some of their cases, and 76% of these cross-industry fraud cases have a moderate to high financial impact, according to the annual LexisNexis Fraud Mitigation Study.

LONDON—In three months, the Bank of England will launch a new £5 note made from thin, flexible plastic, said to be more secure and more durable than traditional paper money.

WASHINGTON—The House this week is expected to consider the Financial Services and General Government Appropriations bill for 2017, and CUNA said it will closely follow proceedings on legislation that impacts the CFPB.

TAMPA, Fla.—Not waiting for terrible weather to strike, $2.2-billion Grow Financial has rolled out its Mobile Response Unit, a temporary office that is now operating in the parking lot of its Brandon office.