AMHERST, N.Y.—A 14-year-old Buffalo boy is one of two people who has been accused of an attempted robbery at Sweet Home Federal Credit Union
Fresh Today
ODESSA, Texas—Three men have been arrested for a March 2014 ATM heist. The crooks allegedly used heavy machinery to rip an ATM out of the ground at a Complex Community FCU location. The men eventually abandoned their effort to get money out of the cash machine.
MADISON, Wis.—The CUNA Technology Council has presented Excellence in Technology Awards to five credit unions for their approaches to technology challenges. The winners included:
DULUTH, Ga.—Credit unions in this state are celebrating International Credit Union Week throughout the month of October by participating in a “Switch to Save” campaign that urges Georgia residents to stop by a credit union and see how it can save them money.
OLD TOWN, Maine — Maine Savings FCU opened a new branch here with an announcement it will provide a gift of at least $50,000 to the University of Maine athletics department.
AUSTIN, Texas—How are people using all those apps financial institutions have rolled out for mobile devices?
ARLINGTON, Va.—Despite economies of scale that come with size, it is federally insured CUs under $1 billion in assets that have shown the greatest improvement in operating expense efficiency since the recession. That is one finding from NAFCU’s new quarterly CU Operating Expense Report, recently introduced by the trade association.
RANCHO-CUCAMONGA, Calif.—Later this month CO-OP Financial Services plans to launch CardNav, a new mobile card controls and alerts application for credit unions. The app allows members, via their smartphone, to set card controls based on their preferences, such as transaction type, merchant, location and payment thresholds. And while the app is expected to engage members more closely with the CU’s card, CO-OP also sees the app as bringing members into the fraud fight.
RALEIGH, N.C. – State Employees’ Credit Union (SECU) is reporting that more than 600 members have taken advantage of an expanded auto loan program that now includes used vehicles in the two months it has been available.
DALLAS—A new report on second quarter economic data suggests that although the forecasts for economic growth and unemployment have improved, questions regarding to what extent consumer spending will contribute to GDP growth remain. “Moreover, concerns remain on whether or not the employment profile of the economy will improve enough so as to instill enough confidence to entice more consumers to open their wallets,” said Brian Turner, executive director with Meridian Alliance.