NEW YORK—Consumer default rates continue their slow, steady march higher.
Fresh Today
MONTGOMERY, Ala.—Members of MAX Credit Union are claiming an employee of the $1.1-billion CU shared a member’s personal information on Facebook, and they are demanding answers.
WASHINGTON–Several more credit union-supported pieces of legislation have been introduced in Congress. Rep. Ed Royce (R-CA) reintroduced the Credit Union Residential Loan Parity Act, which has the backing of CUNA.
WASHINGTON—Rep. Mike McCaul (R-TX), chairman of the House Homeland Security Committee, said he will introduce legislation that will offer incentives to businesses to share cyberthreat information with the federal government.
VIRGINIA BEACH, Va.—Ron Burniske, CEO of Chartway FCU, has announced he will retire Aug. 1.
NEW YORK—Small business lending approval rates at credit unions improved slightly in February, according to the Biz2Credit Small Business Lending Index.
LOS ANGELES—A survey conducted by the Los Angeles Business Journal has found credit unions slowly inching up as the preference of small business owners when it comes to lending sources. But the survey also found another new player emerging, as well.
MOUNTAIN VIEW, Calif.—The latest to warn of a potential data breach? Google.
SAN FRANCISCO—Rideshare service Lyft said passengers can now pay for trips using Google Wallet.
ALEXANDRIA—NCUA Vice Chairman Rick Metsger has issued a statement reiterating his position that “modernizing field-of-membership regulations is the most important issue for the long-term health of America’s credit unions.”