BANNOCKBURN, Ill. –Great Lakes Credit Union (GLCU), which has been among the most aggressive CUs in the country in offering higher-rate deposit accounts, said it is now paying as much as 5% APY on its free checking product if certain conditions are met.
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TALLAHASSEE, FL – The Southeastern Credit Union Foundation (SECUF), the charitable arm of the League of Southeastern Credit Unions (LSCU), has named the credit union recipients of its Grants Program, which will receive a total of $45,500 in grant funding.
BROOKFIELD, Wis.–Fiserv has been named to the inaugural list of the World’s Top FinTech Companies in recognition of its delivery of fintech innovation.
WASHINGTON–A growing number of parents and grandparents who co-signed on student loans for children and grandchildren are discovering they’ve put their own financial security in jeopardy, according to a new survey.
In Which States are Loan Applicants Most Likely to Misrepresent Income? Here’s What 1 Analysis Found
SAN FRANCISCO—In what states do lenders really need to be on their toes when it comes to borrowers misrepresenting their income?
NEW YORK—In what may be a sign that consumers will have less remittance money to send as the result of an impending recession, Payoneer—which specializes in cross-border payments— plans to cut 9% of its employees by the end of Q3, according to a filing with the Securities and Exchange Commission.
NEW YORK— Citi has enhanced its offers to its My Deals platform, previously called Citi Easy Deals.
ALEXANDRIA, Va. –NCUA is reporting it has been seeing a “concerning rise in cyberattacks" against credit unions, CUSOs, and other third-party vendors supplying financial services products, saying the incidents are directly related to critical vulnerabilities in the MOVE it Transfer web application, as well as other attacks unrelated to MOVE it.
KILGORE, Texas–In its newest analysis of proposed credit union mergers, CUToday.info has found CUs with some whopping capital ratios (one north of 63%) and only a few planning to return any of that capital to members, as well as a higher-than-usual number of credit unions with no succession plans citing both CEO and board member retirements as reasons they must find a partner.
MADISON, Wis.— New data released by CUES reveals base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions at credit unions.