CUNA Launches Effort to Get Members to Vote in November; CUNA Mutual Recognized for Support of Open Your Eyes Campaign 02/10/2020 07:53 pm WASHINGTON–In conjunction with the beginning of presidential primary season, CUNA has launched “Credit Unions Vote,” a campaign focused on getting credit union members to vote in the November elections.
Fed Releases Updated Hypotheticals for 2020 Stress Test Exercises 02/10/2020 07:53 pm WASHINGTON—The Federal Reserve has released updated hypothetical scenarios to use in 2020 stress test exercises. The scenarios are used by the NCUA for credit union stress tests, and there are some differences worth paying attention to, according to NAFCU Chief Economist and Vice President of Research Curt Long.
4 Members of Chinese Army Charged With Equifax Data Breach 02/10/2020 07:54 pm WASHINGTON–A federal grand jury has charged four members of the Chinese People's Liberation Army with being behind the hack of Equifax, one of the largest thefts of personal data and trade secrets in history.
‘Sturdy Job Gains’ Seen in Latest Report 02/10/2020 07:54 pm ARLINGTON, Va.—With 225,000 jobs gained last month, NAFCU Chief Economist and Vice President of Research Curt Long said the report was "a good one," noting "sturdy job gains and rising rates of labor force participation."
NAFCU Reps Meeting with New SBA Chief Today; Here’s What’s Likely to Be Discussed 02/10/2020 07:50 pm WASHINGTON–Representatives of NAFCU will be meeting today with the new head of the Small Business Administration, Jovita Carranza.
Credit Card Interest Rates Hit 25-Year High 02/10/2020 08:01 pm BOSTON—Credit card interest rates hit a 25-year high in 2019 as lenders increased their rates.
PSCU Reports It was Able to Stop $277M in Fraud Against CU Members During 2019 02/11/2020 07:51 pm ST. PETERSBURG, Fla.—PSCU is reporting it stopped more than $277 million in potential fraud for its credit unions and their members in 2019 by blocking fraud at the point of sale, in the contact center and online, among other channels.
In Half of Top U.S. Markets, It’s Cheaper to Buy Than Rent 02/11/2020 07:53 pm TRABUCO CANYON, Calif.–In approximately half of the nation’s top 50 markets, it’s less expensive to purchase a home than it is to rent, according to new data.
First Financial Foundation Awards Grant to Teacher 02/11/2020 08:17 pm FREEHOLD, N.J.–Brick Township High School woodshop teacher Kim Haug was recently surprised by members of the First Financial Foundation with a $500 Erma Dorrer classroom grant for the 2019-2020 school year.