Fresh Today

Fresh Today

WASHINGTON—With one week to go until the elections, CUNA is providing some last-minute support in South Dakota for Senate candidate Mike Rounds.

GREENFIELD, Mass.—Although funds were stolen from just one member’s account, a teller has been sentenced to two years in prison here in part after a judge found that the victims included all 27,000 members of the credit union.

WASHINGTON—Perhaps an indicator of what credit unions might face down the road, the Federal Reserve Board has issued the supervisory scenarios that will be used in the 2015 capital planning and stress testing program.

WASHINGTON—NCUA is among five federal agencies that have issued a joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in special flood hazard areas.

HIGHTSTOWN, N.J.–New Jersey’s credit unions are backing legislation that would enable state-chartered banks and credit unions to offer prize-linked savings accounts.

SANTA ANA, Calif.—Consumer default rates have risen, but just barely, from historic lows in the S&P/Experian Consumer Credit Default Indices.

RALEIGH, N.C. – The $29-billion State Employees Credit Union said it has added another “independent, external validation” to the stress tests it has conducted to monitor its capital levels.