WASHINGTON–Calling Frontwave Credit Union’s overdraft practices “unconscionable,” a half-dozen members of Congress are calling for an investigation in a letter sent to the credit union.
Fresh Today
CHAMPAIGN, Ill.—University researchers have found that if a person feeds a GPT-4 artificial intelligence agent public security advisories, it can exploit unpatched "real-world" vulnerabilities without precise technical information, according to a new report.
ST. LOUIS–To comfortably afford the median-priced home ($332,494), first-time buyers need a household income of $119,769, meaning the median home is affordable for median earners in just four states and six of the 50 largest metro areas, according to a new analysis.
PURCHASE, N.Y.—A new study reveals that providing the unbanked and underbanked populations access to financial services can potentially “generate significant economic and social impact.”
KNOXVILLE, Tenn.— After 31 years of service, Larry Pressley, president and CEO of City Employees Credit Union (CECU) is retiring May 1.
WESTBROOK, Maine–The Maine Credit Union League has named a new president effective June 3.
VACAVILLE, Calif.–Travis Credit Union said it has joined the Federal Home Loan Bank of San Francisco’s 2024 Workforce Initiative Subsidy for Homeownership program (WISH) through which it will provide down-payment grants for residents in 12 Northern California counties.
MELBOURNE, Fla. —Space Coast Credit Union said it has entered into its first-ever partnership with a professional sports team, in this case the NFL’s Miami Dolphins.
WASHINGTON—The Federal Reserve has launched what it is calling new tech-centric developer resource to better support FedNow Service customers and their service providers.
WASHINGTON–The FDIC is reporting its Deposit Insurance Fund (DIF) reserve ratio has grown from 1.11% June 2023 to 1.15% in December, and remains on track to return to its statutory minimum of 1.35% before its statutory deadline of Sept. 30, 2028, the agency said.