Fresh Today

Fresh Today

NEW YORK—Pace University won the 11th annual national College Fed Challenge this week, a competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System.

WASHINGTON—Current CUNA CEO Jim Nussle and former CUNA CEO Dan Mica, both former members of Congress, will be participating in a panel discussion here on the “Hollywood-ization” of Congress and how misperceptions can affect advocacy efforts.

DETROIT--The Michigan Department of Insurance and Financial Services has  liquidated the Metropolitan Church of God Credit Union here and appointed NCUA as liquidating agent.

MADISON, Wis.—Adjustable-rate mortgages continue to drive fast-paced credit union loan growth, as overall outstanding loan balances grew by 0.8% in October, according to CUNA.

ST. PAUL, Minn.—A federal judge here on Tuesday refused to dismiss a lawsuit filed against Target Corp. by a number of banks that are suing over allegations they lost money due to the massive Target data breach around Thanksgiving of 2013.

IRVINE, Calif.— Home prices nationwide, including distressed sales, increased 6.1% in October 2014 compared to October 2013, according to the CoreLogic Home Price Index Report.

SOUTHFIELD, Mich.—Credit unions in this state “continue to hold their own” against banks when it comes to awareness, perceptions and consideration,” thanks to a cooperative ad campaign, according to the Michigan league.