FLINT, Michigan — Flint area credit unions are donating $50,000 in gift cards to community members who are currently working with the state to monitor lead levels in the water in their homes.
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MADISON, Wis.–Credit union organizations are being reminded they have until March 31 to apply for a Biz Kid$ Financial Education Grant from the National Credit Union Foundation (the Foundation).
MADISON, Wis.—Douglas Clinton, the interim CEO at Magnolia Federal Credit Union in Jackson, Miss., has been named the 2016 recipient of a scholarship to attend CUES’ prestigious CEO Institute program.
GRAND RAPIDS, Mich.–CU*Answers reported it has signed an agreement with eDOC Innovations to provide credit unions leveraging its online imaging solution with remote e-signature capability.
DHAKA, Bangladesh–Hackers have reportedly stolen $100 million from this country’s central bank. According to investigators, the hackers were apparently able to do so after obtaining payment-transfer codes from Bangladesh Bank and moving the money overseas.
WASHINGTON–Mortgage rates last week rose for the second consecutive week, marking the only two weekly increases so far in 2016, according to Freddie Mac.
HOUSTON–Members Choice Credit Union has made its choice in a new CEO. The credit union has named Randy Theilig as president/CEO.
IRVINE, Calif.–A new analysis shows one-million borrowers regained equity in 2015, bringing the total number of mortgaged residential properties with equity at the end of Q4 2015 to approximately 46.3 million, or 91.5% of all mortgaged properties, according to CoreLogic.
WASHINGTON–CUNA closed 2015 with just under $59 million in net revenues, approximately $1.1-million over what it had budgeted and $3.6 million over its year-end 2014 results.
PHOENIX—CFPB Director Richard Cordray said a final rule on prepaid accounts will be coming “soon,” while a rulemaking process on payday lending will begin “in the coming months.