Fresh Today

Fresh Today

RALEIGH, N.C. – SECU said it waived $5.6 million in non-sufficient funds (NSF) fees and more than $333,000 in overdraft transfer fees during 2014 as a result of its “Another Chance” program. Moreover, SECU said it paid through its Another Chance program more than 381,000 items that would have been returned as NSFs with $14 million in potential charges.

CASPER, Wyo.—A young man who had done odd jobs in a branch, a lucky guess, a missing phone cable and a credit union that had not changed the very simple code on its vault in more than a decade all came together to contribute to the theft of nearly $50,000.

A Robbery As Easy As 1-2-3-4-5-6

MADISON, Wis.–Students who cannot completely pay for college themselves and require student loans to earn the degree are an opportunity for credit unions, according to a new study from the Filene Research Institute.

VIENNA, Va.—Navy Federal Credit Union reports that card skimming is the source of fraud that led to some members recently seeing fraudulent charges on their accounts.

WABASH, Ind.—In a move that may be the first of its kind among credit unions, Beacon CU is planning to acquire Midwest AG Finance, an industrial loan and investment company based in Rushville, Ind.