Velera Named a Best-Led Company by Glassdoor 05/28/2024 09:25 pm ST. PETERSBURG, Fla.–Velera, the new name for the company formed by the merger of PSCU/Co-op Solutions, has been named a winner of Glassdoor’s inaugural award for Best-Led Companies 2024 in the U.S.
Freedom First FCU Eliminates Basic Free Checking; New Account Offers Perks With No Fee if Minimum Balance Maintained 05/28/2024 08:02 pm ROANOKE, Va.–Freedom First FCU has become the latest credit union to make changes to its checking offerings, in this case eliminating its no-strings attached free checking account.
Severity of Data Breach Risks Hit Highest Level in Two Years During Q1, TransUnion Reports 05/28/2024 08:03 pm CHICAGO—The severity of data breach risks rose to the highest level in two years during the first quarter of 2024, increasing 31% from the same period last year, according to TransUnion’s latest analysis of data breach trends.
NCUA Updates Info on Deposit Coverage & Crypto; To Host Webinar on MDIs 05/28/2024 08:44 pm ALEXANDRIA, Va. –NCUA has added to its website a new section on financial technology. The agency said the update comes in response to inquiries and includes new frequently asked questions about share insurance coverage and custody for cryptocurrencies and digital assets on NCUA.gov and MyCreditUnion.gov.
A Look at Big Change in Deposit Market 05/28/2024 08:05 pm LAKE FOREST, Ill.—After offering average deposit rates priced higher than banks for 16 consecutive years, credit unions have lost that advantage, according to new data.
Nearly Half of Recent Homeowners Have Taken on More Debt, Many Struggling With Payments, Survey Finds 05/28/2024 08:03 pm ST. LOUIS–Since purchasing their home, 44% of recent home buyers are reporting they have had to take on additional debt to maintain their lifestyle, and 43% have struggled to make mortgage payments on time.
First Entertainment Pulls Back Curtain on Enhancements to Checking, Other Offerings 05/28/2024 08:01 pm HOLLYWOOD, Calif.–First Entertainment Credit Union has announced a number of changes to its Value Checking program, as well as other offerings.
And the Generation Carrying the Most Credit Card Debt Is… 05/28/2024 08:02 pm NEW YORK—Which generation carries the most credit card debt?