ST. PETERSBURG, Fla.–Lynn Heckler, EVP and chief culture officer with PSCU, has said she plans to retire effective April 1. Heckler has been with the company for 22 years.
Fresh Today
PLANO, Texas–The Cornerstone Credit Union League has announced the results of its most recent board election.
MADISON, Wis.—The Filene Research Institute’s first research report of 2024 has been released: “America’s Housing Journey: A Storymap on Credit Union’s Engagement with the Housing Crisis.”
COLUMBIA, Md.– The CU Foundation MD|DC has introduced a new self-study option for the Millionaire’s Club personal finance program.
WASHINGTON — The Consumer Financial Protection Bureau (CFPB) and seven state attorneys general have sued Strategic Financial Solutions (SFS) and its web of “shell” companies for running an allegedly illegal debt-relief enterprise, saying the companies “swindled” more than $100 million from financially struggling families.
NEW YORK--The U.S. banking industry has found greater stability following bank failures in March and April 2023, and S&P Global Ratings is projecting that most banks will perform well and build capital in 2024.
WASHINGTON–Just a few weeks after the merger of NAFCU and CUNA and the official formation of America’s Credit Unions, the new trade group has announced it plans to lay off as much as a third of its workforce.
RANCHO CUCAMONGA, Calif.—A steady economy and brighter outlook for 2024 helped boost consumer spending during the holiday season Co-op Solutions reported.
WASHINGTON—Ahead of the House Committee on Small Business’s hearing on access to capital, America’s Credit Unions urged passage of the Member Business Loan Expansion Act, which would prevent loans under $100,000 from counting toward the MBL cap and allow federal credit union maturities past 15 years.
WATERFORD, Conn.–Charter Oak FCU is reporting it awarded $848,000 in annual $100 cash bonuses during December to its Gold Rewards members, which is the largest annual amount since Charter Oak created the unique member-appreciation program in 2010.