NEW YORK CITY–The board of the $2.8-billion Municipal Credit Union has voted to begin termination proceedings its former CEO, Kam Wong.
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ATLANTA—Delinquency rates on store-branded credit cards have reached a seven-year high, possibly signaling broader troubles for household debt down the road.
NEW YORK–Just two months after one group claimed borrowers with outstanding taxi medallion loans at credit unions were being driven to the point of suicide, one person has taken his own life.
RALEIGH, N.C.–State Employees Credit Union here has found itself having to respond to potentially negative media coverage after one member objected to something she saw on an employee’s desk and took to Facebook with her complaint.
WASHINGTON–While credit unions continue to celebrate passage of the regulatory relief bill S.2155, consumer groups have blasted what they are calling the “Bank Lobbyists Act,” claiming it weakens consumer protections.
JACKSON, Mich.–American 1 CU here has become the presenting sponsor for the 2018 Hot Air Jubilee, set for July 20-22 at Ella Park and expected to feature more than 25 balloonists from across the state of Michigan.
NEW YORK – Forty-one of the nation’s 50 largest credit unions (82%) offer free checking accounts to all members, with no minimum balance requirements or monthly service fees, according to a new Bankrate.com report.
WASHINGTON–Time has run out for passage of a Congressional Review Act resolution that would roll back Bureau of Consumer Financial Protection restrictions on payday lenders.
VIENNA, Va.–For the third consecutive year, Navy FCU has been named to Forbes’ list of America’s Best Employers, receiving its highest ranking thus far at No. 10.
ARLINGTON, Va.—Total retail sales continued to rise in April, increasing 0.3%.