CLEVELAND, Ohio – Alex Spirikaitis, former CEO of Taupa Lithuanian Credit Union here, was sentenced Monday to spend more than 10 years in a federal prison.
Fresh Today
CHICAGO—Discover Financial Services is suing Visa, alleging that the card company has been using antitrust practices in its debit card business.
NEW YORK CITY—Household debt, including mortgages, credit cards, auto loans and student loans, rose $78 billion between July and September to $11.7 trillion, according to new data released by the Federal Reserve Bank of New York.
WASHINGTON—Americans’ personal income increased $32.9 billion, or 0.2%, and disposable personal income (DPI) increased $23.4 billion, or 0.2%, in October, according to the Bureau of Economic Analysis.
NAVARRE, Fla.—Police have arrested four men believed to be part of an ATM robbery ring who were caught while allegedly attempting to burglarize an ATM at Eglin Federal Credit Union here.
ONTARIO, Calif.—CU Direct, a provider of lending, automotive and strategic solutions to the credit union industry, said it has signed 12 new partnership agreements with credit unions.
BROOKFIELD, Wis.—Pulling together bill pay, P2P payments and account-to-account transfers onto a single platform will allow FIs to better utilize consumer data and make relevant cross-sales in real time.
NORTH GRAFTON, Mass. — Grafton Suburban Credit Union is changing its name to Homefield Credit Union.
SAN DIEGO—The San Diego County Credit Union Poinsettia Bowl now has its first team: Navy.
SALT LAKE CITY– The NBA’s Utah Jazz and Mountain America Credit Union have made Camp Kostopulos, known as Camp K, this season’s first recipient of “Pass It Along,” a program featuring fan nomination opportunities that will award a total of $25,000 to five local charitable organizations.