ARLINGTON, Va.—NAFCU has again urged the Financial Accounting Standards Board to open up its current expected credit loss standard (CECL) proposal for a second comment period.
Fresh Today
NEW YORK–UBS AG has made an offer of judgment to NCUA for $33 million, plus prejudgment interest, to resolve a lawsuit filed by NCUA over the sale of mortgage-backed securities sold to corporate credit unions that later failed.
MIAMI—A new research report that examined 3,030 phishing attacks against a top 25 U.S. bank said it has been able to group phishing sites into three main clusters.
MIAMI–Stop (and worry) if you’ve seen this before: house flipping is back.
FITCHBURG, Mass.– For the third year in a row, Workers' Credit Union has paid its members a bonus dividend.
PHILADELPHIA—Add Millennials to the growing group of consumers who like prepaid cards.
WASHINGTON–The frequent jokes about Millennials living with their parents are turning out to be true—and not so funny for the housing market.
REDDING, Calif. — Members 1st Credit Union’s long-time CEO, Mark Moore, has retired, and his successor has been named.
PAWTUCKETT, RI—Monopoly, one of the world's most popular board games, is following the worldwide move toward a cashless society by bringing credit cards to the game.
MONETT, Mo.–Symitar said it is introducing “Financial Innovations Voice Experience (FIVE),” a solution that will enable personal assisted and voice interaction devices, such as Amazon’s Echo or Microsoft’s Cortana, to act as banking touchpoints. The initiative was developed by Best Innovation Group (BIG).