DETROIT–The share of the auto financing market held by credit unions and banks has declined as the captive financing companies gained ground, according to a new report.
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ALBUQUERQUE, N.M.–First Financial Credit Union agreed to pay $1.6 million to resolve claims it failed to prevent a 2022 data breach that compromised member information, according to a new report.
WINSTON-SALEM, N.C.–Allegacy FCU here has reached a settlement in a case involving overdraft fees. The amount of the settlement was not disclosed, according to the Triad Business Journal.
SNELLVILLE, Ga. – The African-American Credit Union Coalition (AACUC) has named retired NAFCU President/CEO Dan Berger and SRP Federal Credit Union Board Chairman Sandra DeVoe Bland as its 2024 Pete Crear Lifetime Achievement Award recipients.
WASHINGTON—America’s Credit Unions has joined several other financial trade organizations in issuing a “Myth vs. Fact one-pager” that is designed to educate lawmakers and consumers about what the groups say are “common misconceptions regarding debit card interchange.”
WASHINGTON—Proposed government price caps on interchange will leave consumers more vulnerable and create less access to services, America’s Credit Unions Chief Advocacy Officer Carrie Hunt told a meeting here on the digital payments economy.
MONTPELIER, Vt. –The Association of Vermont Credit Unions said it has entered into a partnership with Dolphin Debit to provide credit unions in the state with access to the company’s ATM management solutions.
ROME, N.Y.– AmeriCU Credit Union said it has introduced an array of rewards as part of the rollout of its new checking account program. The new rewards offer members exclusive perks, cashback offers, and other “enticing incentives,” according to the credit union.
MADISON, Wis.–WYCUP said it will host its next virtual ConneXion event today at 11 a.m. E.T.
NEW YORK—In what’s being described as one of the first uses of a virtual currency by financial institutions in a commercial product, three companies that provide cross-border payment services plan to use technology developed by startup Ripple that employs cryptocurrency XRP to speed transactions.