Fresh Today

Fresh Today

SCRANTON, Pa. — The $209-million Tobyhanna FCU will change its name to Valor Credit Union in January.

ERIE, Penn.—Erie Federal Credit Union and 1st Choice Community FCU here said they plan to merge.

WASHINGTON—The Home Depot data breach has cost credit unions almost $60 million, according to new data released by CUNA. That brings to $90 million the estimated costs to CUs when the Target breach is also factored in.

BOSTON—CurrentC, the fledgling payments system from the Merchant Customer Exchange (MCX), was hacked this week during testing, according to reports from the company.

ARLINGTON, Va.—NAFCU has sent a comment letter to the Consumer Financial Protection Bureau (CFPB) regarding proposed changes to the collection and reporting requirements under the Home Mortgage Disclosure Act that would amend Regulation C.

MADISON, Wis.—The Filene Research Institute is releasing three new reports: Financial Capability Near Retirement: A Profile of Pre-Retirees; The Impact of Two-Tiered Banking: How Credit Unions Can Bridge the Divide, and Credit Union 2.0: An Opportunity to Build Collaborative Partnerships.