LONDON—Bitcoin wavered near $11,000 on Friday, as Bank of England Governor Mark Carney warned cryptocurrencies were failing as a form of money and needed to be regulated.
THE news
PORTSMOUTH, N.H.–A federal judge has given the OK for a class action lawsuit to move forward against Northeast Credit Union that alleges it imposes overdraft fees using members’ “available balance” as opposed to “actual” or “ledger balance.”
WASHINGTON–A federal appellate court has set aside some of the Federal Communications Commission’s rules on when and how businesses can contact consumers by phone, in a ruling that has been welcomed by credit unions.
MONTGOMERY, Ala.–MAX Credit Union here has joined with the Montgomery Biscuits and the Alabama State University Hornets to host a home baseball game against Mississippi State University at Montgomery's Riverwalk Stadium.
CHICAGO–NCUA has placed into conservatorship Beverly Bus Garage FCU here. The $4-million CU will remain open to service its 1,300 members.
ALEXANDRIA, Va.—Federally insured credit unions across the country saw continued loan growth in the fourth quarter, according to state-level data compiled by NCUA, which also show that Oregon is leading the nation in median loan growth.
WASHINGTON—Total consumer credit expanded at a slower pace in January, rising by 4.3% after a 6% monthly increase in December.
EVANSVILLE, Ind. – $1.5-billion Evansville Teachers FCU said it plans acquire $113-million American Founders Bank of Louisville, Ky.
TAMPA, Fla.– Trellance, the newly re-emerged CUSO that says it has a commitment to providing innovative yet simple solutions to help credit unions reach higher, has unveiled the agenda for its 27th annual conference, immersion18.
DES MOINES, Iowa—Nearly 1,000 credit union advocates descended on this state’s capitol Wednesday to push back against a state bill that would increase taxes on Iowa’s credit unions, while lowering them for banks.