WASHINGTON—Financial statement preparers will be required to report credit losses on loans and other financial instruments in a more timely fashion under a new standard issued Thursday by FASB.
Fresh Today
CUPERTINO, Calif.–Apple announced it is expanding its Apple Pay system from apps to websites.
NASHVILLE–During its annual conference here, NAFCU partnered with Operation Homefront to have attendees assemble hundreds of backpacks that will be donated to military families in Nashville that are in need of school supplies.
NASHVILLE—Credit unions that have done well with direct auto lending only to jump headlong into indirect have led to some CU “horror stories,” asserts one expert.
LEXINGTON, Ky.–UK Federal Credit Union, chartered to serve the University of Kentucky, is being pushed off the university’s campus after PNC Bank announced a deal with UK to be the “official bank” for its 30,000 students and 12,000 employees.
NASHUA, N.H.—Members of the $600-million Triangle Credit Union plan to vote next week on a proposed merger with $6-million St. Joseph Hospital Employee’s CU.
SAN ANTONIO–SWBC has introduced payroll and HR solutions called ThriveHR.
BILOXI, Miss.–Two credit unions have announced new CEOs.
WASHINGTON—The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is calling for interested Community Development Financial Institutions (CDFIs) or CDFI partners to submit ideas for the fiscal year (FY) 2016 CDFI Prize Competition.
NEWBURGH, Ind.—In honor of Father’s Day, Heritage Federal Credit Union will be honoring dads with a small token of appreciation today.