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.
WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) has issued letters demanding three companies and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance.
WASHINGTON–As expected, the Federal Reserve’s Open Markets Committee adjourned its meeting without cutting rates, but it also indicated it will likely cut rates three times during the remainder of 2024.
WASHINGTON–The Federal Reserve’s Open Market Committee will conclude its two days of meetings today, and analysts universally expect them to adjourn without changing rates.
WASHINGTON – A new report from the National Consumer Law Center illustrates just how much worse debt becomes as the rate on a loan rises, noting that even in states that have newly instituted 36% rate caps the result can be explosive and unaffordable interest on a larger loan.
EUREKA, Calif.–Following a complaint to state regulators from a person who had sought a seat on its board, Coast Central Credit Union has posted on its website the vote counts from the last two annual elections for its board of directors.
WYOMING, Mich.–Just a little over a year after employees of a branch of Lake Michigan Credit Union voted to unionize, a new vote failed to get enough votes to retain the union.
QUINCY, Ill. – United Community Credit Union has paid its members more than $125,000 in interest rebates and bonus dividends in the form of deposits to their savings.
