BELIZE CITY, Belize–In what may be an international record in credit union management, Dr. Jane Ellen Usher, CEO of Holy Redeemer Credit Union here, has just marked her 100th birthday.
THE news
SAN DIEGO–San Diego County Credit Union has bid $500,000 for the naming rights to Qualcomm Stadium here.
ALEXANDRIA, Va.—Federally insured credit unions across the country saw continued improvement in nearly every category during the second quarter of 2017, according to state-level data released by NCUA, which also shows that Nevada and Washington, respectively, are leading the nation in loan growth.
LAWRENCEVILLE, Ga.—Hurricane Harvey is having a positive effect on used car prices.
CUPERTINO, Calif.–Credit unions and their technology partners should be prepared for new biometric security demands–and opportunities–with members following Apple’s introduction of the iPhone X.
ATLANTA—In the wake of a massive data breach at Equifax that may have compromised sensitive financial and personal information for as many as 143-million Americans, the company is offering credit monitoring services and–following pushback and criticism–has scrapped a provision that required consumers signing up for those services to surrender their rights to any future class action lawsuits.
WASHINGTON—The Federal Reserve has outlined next steps it wants to see ahead to improve the nation's payment system.
WASHINGTON—While many credit unions and NAFCU oppose any move by NCUA to increase the NCUSIF’s normal operating level to 1.39%, one analyst is arguing that the level should be closer to 2%—similar to the FDIC’s target for its insurance fund.
CHARLOTTE, N.C.–Wells Fargo is reporting it has uncovered nearly twice as many potentially unauthorized consumer and small-business accounts than has been believed following an independent investigation into a scandal that to date has led to more than $185-million in fines.
LAKE FOREST, Ill—Overdrafts have always collected the most revenue for all related service charges. Now, for the first time, credit card interchange has exceeded overdraft revenue to become the top money maker among all service charges, reports Moebs $ervices.