WASHINGTON–The Federal Trade Commission has cracked down on at least three companies using a very effective—and fraudulent—strategy for getting consumers’ attention: telling them their credit card payment has been declined.
Fresh Today
MADISON, Wis.–The National Credit Union Foundation (the Foundation) is seeking nominations for three board seats.
SAN DIEGO—D+H is investing its dollars in what company president Bill Neville called “five pillars.”
YORK, Pa.–A branch of Members 1st FCU here was robbed by a man dressed as woman.
ARLINGTON, Va.–New rules for filing and calculating claims under the FHA’s insurance program could “severely impact” credit unions’ ability to provide credit to homebuyers, according to NAFCU.
ALEXANDRIA, Va.–Credit unions have now reported nearly six consecutive years of growth, with the largest credit unions continuing to lead the way, according to data released by NCUA.
NEWPORT BEACH, Calif.–The National Association of Credit Union Service Organizations has told NCUA that efficiency should be the watchword as the agency seeks to gather input on CUSOs.
HOUSTON—The FBI is investigating a former Houston Police Credit Union executive for allegedly embezzling money from the $592-million CU.
TOWSON, Md.–The former CEO of a credit union here, along with her husband, who is a former Baltimore County police sergeant, have been charged with stealing more than $100,000 from a local CU.
PLANO, Texas–Catalyst Corporate FCU is marking its fourth anniversary.