WASHINGTON—Both credit union trade associations said they are focused on two major bills still ahead in 2015 for the 114th Congress, which is expected to hold its final week of meetings for the year.
Fresh Today
Eastman Credit Union is the latest to announce it will be paying an extraordinary dividend to members, with a payout of $10 million.
ALBANY, N.Y.—The board of the New York Credit Union Association has become the latest to vote in favor of giving affiliated credit unions a “choice” of belonging only to the NYCUA without having to join CUNA.
MILLERSVILLE, Penn.–Eight students at Millersville University here have been changed in a debit card scam that allegedly cost a credit union more than $40,000.
ALEXANDRIA, Va.–NCUA’s announcement last week that it had settled for $225 million a lawsuit with Morgan Stanley over mortgage-backed securities that had been sold to corporate credit unions is just the latest payment the agency has received as a settlement from a Wall Street firm.
COLUMBUS, Ohio–CME Federal Credit Union has named a new CEO. Jeff Carpenter has been selected to lead the organization, following the retirement of Jim Riederer.
ANAHEIM, Calif.–Eighteen Southern California credit unions and four credit union affiliate organizations participated in the 25th Annual CHOC Walk in the Park and helped to raise more than $139,000 for Children’s Hospital of Orange County (CHOC Children’s).
SOUTHFIELD, Mich.– Michigan Credit Union League & Affiliates (MCUL) has announced the winners of the 2016 Michigan Credit Union League Awards.
WINDSOR LOCKS, Conn.–360 Federal Credit Union said it has met its Community Savings Challenge goal of saving members $250,000 in loan interest.
WASHINGTON—If broadly adopted by the world’s financial institutions, the blockchain that is at the root of digital payments such as bitcoin could cost recordkeeping professionals in the financial sector their jobs, one analysts is predicting.