ALEXANDRIA, Va.–During a relatively low-key meeting here, the NCUA board OK’d the 2019 Annual Performance Plan, adjusted Civil Money Penalties for inflation, approved one state’s request for changes to its Member Business Loan Rule, and got an update on the agency’s redesigned website.
THE news
JACKSONVILLE, Fla.—VyStar Credit Union announced it plans to acquire $280-million Citizens State Bank, a Florida state-chartered bank headquartered in Perry.
EDWARDSVILLE, Ill.—Scott Credit Union here has introduced a new checking account that pays a high 4.05% APY on balances up to $25,000–but it also requires members to be robust debit card users.
MESQUITE, Texas–A member of Neighborhood Credit Union has won nearly $50,000 after winning the top award in the CU’s Prize Savings Account program.
LOS ANGELES–Firefighters First Credit Union has announced it is paying a year-end bonus to members of $2 million.
HARRISBURG, Penn.–The first babies of 2019 born here have been welcomed into the world in part by Belco Community Credit Union.
SIOUX FALLS, S.D.–Credit unions in South Dakota, Arizona and Montana have announced bonus dividends and loan interest rebates for members.
WASHINGTON—The FBI is warning about a new form of fraud that targets companies, schools and nonprofits around the United States.
ARLINGTON, Va.—Interest rates and asset yields are the issues credit union leaders are most optimistic about for 2019, while the economy remains the biggest worry, according to a new report.
WASHINGTON–The partial shutdown of the federal government shows no signs of being resolved soon, and should it last through month’s end many credit unions will see members taking advantage of the various relief offers being made.