KALAMAZOO, Mich.–A plastic straw helped lead to a guilty plea in a string of credit union robberies here.
Fresh Today
NEW YORK CITY–Municipal Credit Union here has been recognized as an inaugural winner of the 2015 VISA DPS Client Achievement Award for Highest Growth for Debit Portfolios.
WASHINGTON—The Federal Reserve has published a final amendment to the rate of interest paid on Regulation D reserves to conform to the recent increase in the federal funds target rate.
SAN FRANCISCO—On Jan. 1 next year, anyone with a cell phone more than five years old will be unable to access the encrypted web—which includes sites such as Facebook, Google, and Twitter—according to a new plan to upgrade the way those sites are verified.
BIRMINGHAM, Ala.—Seven in 10 people plan on purchasing at least one gift card this season, bringing sales of the most-convenient of presents to more than $131 billion for the year, according to the National Retail Federation.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is recommending that FIs include IP addresses and other cyber-derived information in the Suspicious Activity Reports (SARs) they file.
WASHINGTON—The CFPB has sent warning letters to 17 colleges directing them to improve disclosure of school-sponsored credit card agreements.
BUNDABERG, Queensland, Australia–A bank here is attempting to takeover a credit union—and offering members approximately $7,800 each to sign off on the deal.
FRANKENMUTH, Mich.–Frankenmuth Credit Union here, which recently was one of three credit unions to win $10,000 to be donated to the charity of its choice through the Share the Love competition, has named a local green market as the recipient of the funds.
MIRAMAR, Fla.–Tropical Financial Credit Union said it has expanded its field of membership into five additional Florida counties, including Lee, Collier, Hendry, Martin and St. Lucie.