PADUCAH, Ky.–The $7.6-million Wickliffe Paper Mill FCU is being absorbed via merger by the $224-million Signet FCU.
Fresh Today
OSHKOSH, Wis.–Verve, a Credit Union, is reporting that since January 2013 it has added more than more than $2.5 million to its loan portfolio using social media.
MADISON, Wis.–The World Council of Credit Unions has sent a comment letter to the Basel Committee for Banking Supervision’s consultation on Total Loss Absorbing Capacity Holdings (TLAC).
NEW YORK—Drivers in the Big Apple will be able to use their cell phones this year to pay for city parking.
DALLAS—Onboarding Services and Credit Union Resources, a subsidiary of Cornerstone Credit Union League, said they have formed a new limited partnership for the purpose of providing onboarding support and leadership development services for newly placed credit union executives and management staff.
NOTTINGHAM, England—2015 was the year current account fraud surged and new figures show it is still the most targeted financial product, a new report reveals.
WASHINGTON—NCUA’s Payday Alternative Loans (PALs) should be exempt from the CFPB’s proposed rule for short-term, small-dollar loans, according to comments from the Bureau.
ARLINGTON, Va.—Continuing to express concern over the Financial Accounting Standards Board’s pending rule change on accounting for credit impairment, NAFCU has sent a letter to the agency requesting an updated credit losses exposure draft for public comment.
FIFE LAKE, Minn.– Forest Area Federal Credit Union will be sending branch staff into its community here today to “Pay it Forward.
MADISON, Wis. – Moody’s Investors Service has assigned initial insurance financial strength ratings of A2 to CMFG Life Insurance Company, MEMBERS Life Insurance Company, and CUMIS Insurance Society, Inc.