BATON ROUGE, La.–Steve E. Webb Jr. has been named president and chief executive officer of the $732-million Neighbors Federal Credit Union effective Dec. 1.
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SACRAMENTO, Calif.–CUNA has filed an interchange brief with the Ninth Circuit Court in the case of Italian Colors Restaurant et al. v. Harris, which involves a group of merchants challenging a California state law prohibiting merchants from imposing a surcharge on buyers using a credit card.
NEW YORK—What to do next is the question on the mind of Robert Familant, CEO of Progressive CU here, following a New York City judge’s ruling on Wednesday against three lawsuits filed by his credit union and others that alleged Uber is operating illegally in the city.
TUSCALOOSA, Ala.–The former CEO of Alabama One Credit Union has also filed suit against the state regulator, claiming he was illegally dismissed from the position when the credit union was placed in conservatorship in August.
SCRANTON, Penn.–Edward J. Fox, the former CEO of Mid-Atlantic Corporate FCU, has been named interim CEO at Valor Credit Union following the departure of VCU’s former CEO.
HARRISBURG, Pa.—The Pennsylvania Department of Banking and Securities has formed a cybersecurity task force to help FIs under the department’s supervision address cybersecurity issues.
ALEXANDRIA, Va.—FICUs in Alaska and Idaho showed the highest median loan growth through June, according to NCUA’s latest state-level data.
WASHINGTON—Legislation was introduced Thursday in the Senate that would raise the current cap on credit union member business lending.
SAN FRANCISCO—Cryptocurrency has moved closer to mainstream financial services following a group of payments industry leaders—including Fiserv—investing in Chain, Inc.
MADISON, Wis.–Just about every credit union and trade association has been focused on Millennials, but as new research acknowledges, a “flood” of members from that demographic has not happened. The Filene Research Institute has released a new study that it says offers some answers to “what Millennials want” and perhaps opening the floodgates a bit.