LAKE FOREST, Ill.—Checking balances are becoming a barometer of economic activity, reflecting pressure from other influences such as gas prices, according to one economist who also cautions that checking business could be on the move soon.
Fresh Today
WASHINGTON—The 2016 government spending bill was signed into law by President Barack Obama Friday.
WASHINGTON—Perhaps reflecting anticipation that the Fed would raise rates, Freddie Mac’s Mortgage Market Survey shows rates on fixed mortgages were up for the second week in a row.
CALGARY, Alberta–Putting a local spin on the 12 Days of Christmas, Connect First Credit Union here surprised 81 members by paying off credit card balances, paying rent and more.
TRENTON, N.J. – A bill to permit prize-linked savings accounts at New Jersey’s credit unions and banks has passed the state Assembly on a 67-0 vote.
BILOXI, Miss.—For the second time in a week, a long-time employee of a credit union has been charged with engaging in a long-term embezzlement.
BOSTON–Massachusetts has rolled out a new incentive program to get state residents to make more use of solar power, and it is providing $30 million to local banks and credit unions in order to make loans. The funds are part of the state’s new “Mass Solar Loan Program,” which aims to have people own solar panels after installation rather than just lease them.
WASHINGTON—The Consumer Financial Protection Bureau (CFPB) said it has taken separate actions against a company and an individual that resold sensitive personal data to lenders and debt collectors, allegedly exposing millions of consumers to harassment and deceit.
NEW YORK—Internet-based financial technologies, a growing threat to credit union’s lending portfolios, are moving into the crosshairs of the Financial Action Task Force (FATF).
EVANSVILLE, Ind.—Two people here have been arrested after being discovered having sex inside a credit union.