How One Man Allegedly Led $2.4M ‘Bust Out’ Scheme Against Bank 12/26/2019 08:01 pm RIVERSIDE, Calif.—A San Bernardino County man faces federal criminal charges that he masterminded a bank account “bust-out” scheme that defrauded Wells Fargo out of $2.4 million and compromised more than 900 of its accounts, the Department of Justice reported.
Georgia’s CUs Release ‘Helping People Afford Life’ Stories 12/26/2019 07:59 pm ATLANTA – The Georgia Credit Union Association has released its 2020 Helping People Afford Life (PAL) stories book, highlighting some of the notable ways Georgia credit unions helped their members afford life over the past year.
Centricity CU Donates $1M for School’s Artificial Turf; Gets Naming Rights 12/26/2019 07:59 pm HERMANTOWN, Minn.–Centricity Credit Union has obtained naming rights to a local athletic facility after donating $1 million to Hermantown Community Schools so they can convert the school's football field to artificial turf.
Credit Union in St. Lucia Unveils New Name 12/26/2019 08:00 pm CASTRIES, ST. LUCIA – Saint Lucia Civil Services Co-operative Credit Union has changed its name. The credit union has rebranded as Jannou Credit Union.
Head of Bank of International Settlements Says Banks Must Embrace ‘Revolution’ 12/26/2019 08:00 pm PRINCETON, N.J.—Central banks must embrace the revolution under way in digital money to ensure they remain at the heart of the global payments system, according to the head of the Bank of International Settlements.
More Than Half of Americans Denied Credit; Here Are Some Reasons Why 12/26/2019 07:59 pm HOUSTON—Fifty-three percent of Americans have been denied approval for a new credit card, loan, or even a new car because of poor credit, according to a new survey.
Data Reveals ‘Lifestyle Creep’ Among Highest Wage Earners 12/26/2019 07:58 pm NEW YORK—A six-figure net worth may come with some strings attached, a new report reveals.
The Generation Maxing Out Credit Cards Isn’t You Know Who 12/26/2019 07:58 pm NEW YORK—Which generation is most guilty of maxing out their credit cards?
DCECU Employees Again Support Open Door 12/27/2019 11:00 am MIDLAND, Mich. – For the fifth time in 2019, employees from Dow Chemical Employees Credit Union volunteered at Midland’s Open Door, a local nonprofit organization that runs two shelters, a soup kitchen and a clothing ministry.
Firefly Renovates Lakeville Branch 12/27/2019 12:00 pm BURNSVILLE, Minn.– Firefly Credit Union’s Lakeville branch location recently underwent a full remodel.
