JACKSONVILLE, Fla.–The amount of money being paid to top management as part of a merger between two credit unions here is 10 times larger than has been reported to date, according to analysis conducted by Chip Filson.
Fresh Today
WASHINGTON–Credit unions in Washington this week are paying attention to the same issue as everyone else—the funding of the federal government—and recognizing the same challenge as everyone else, as well—funding expires on March 1 and March 8, and Congress doesn’t return until Feb. 28.
PLANO, Texas–A new analysis shows home foreclosures saw a "notable" increase in January as Americans “continue to grapple with the ongoing cost-of-living crisis.”
NEW YORK—The average annual percentage rate on credit cards nearly doubled to 22.8% in 2023 from 12.9% in 2013, a new report shows.
EAST HARTFORD, Conn.–Two Connecticut credit unions have announced plans to merge.
RICHMOND, Va.–A new CEO has been named by a credit union in Virginia, while another long-time CEO in Utah has announced retirement plans.
WASHINGTON –The Consumer Financial Protection Bureau (CFPB) has published an order establishing supervisory authority over installment lender World Acceptance. The company, one of the country’s largest installment lenders, had earlier contested the designation.
LIVONIA, Michigan –– CU Solutions Group (CUSG), a CUSO of the Michigan Credit Union League, said it has partnered with Trust & Will, a digital estate planning and settlement platform, to include estate planning in its “Love My Credit Union Rewards” program offerings.
GREENSBORO, N.C.–Vizo Financial Corporate will host a webinar today on “Business Account Basics” from 10-11 a.m.
ST. PETERSBURG, Fla.–Trellance will host a webinar today titled “The Future of Analytics: The Collaboration & Exchange of Data for Credit Unions.”