Fresh Today

Fresh Today

WAYNESVILLE N.C.—Being about the only FI operating in an area devastated by Helene, Mountain Credit Union said an early issue it has been facing—in addition to finding ways to serve members amid widespread power outages—is keeping enough cash on hand.

NEW YORK—Lenders in Mississippi may be working the hardest to keep borrowers current on their loans, according to a new study that shows Mississippi has the highest percentage of people who are struggling to repay debts.

WASHINGTON—In recognition of National Cybersecurity Awareness Month, the American Bankers Association has launched two major consumer protection initiatives to combat the growing threat of fraud and scams, the ABA announced.

LOUISVILLE, Ky.—The $200-million Autotruck Financial Credit Union has named Jason Pendleton president and CEO, the CU announced.

NEW YORK—In a move that suggests paper credit card statements are likely on their way out, some issuers are now charging a fee to send the documents in the mail, WPXI reports.

WASHINGTON—With Congress back in their districts until after the Nov. 5 election, after passing a bill to fund the federal government through Dec. 20, America’s Credit Unions and the Defense Credit Union Council (DCUC) said they are reaching out to Congressional leaders in their hometowns.