CU*South Announces Increase In Common Stock Price; Completes CU’s Conversion 01/15/2017 07:06 pm FAIRHOPE, Ala.–CU*South, a 100% credit union-owned CUSO, announced that the price of a share of Class A common stock would increase to $40,000.00 effective immediately.
New York Delays Implementation Of Nation’s First Cyber Security Rules For FIs 01/15/2017 07:06 pm NEW YORK—New York State is delaying implementation of the nation's first cyber security rules for banks and insurers.
Services Center FCU Names New CEO 01/10/2017 08:32 pm YANKTON, S.D.–Services Center FCU has named a new CEO. Philiip Heinlen has been named to lead the organization, after having previously been CEO for four years of Northwest Consumers FCU.
Why Some First-Time Applicants Are Having More Trouble Getting Cards 01/15/2017 07:06 pm RIVERWOODS, Ill.—Consumers applying for their first credit card may find it a little harder these days to get their plastic.
NAFCU Presses NCUA On Charging An NCUSIF Premium 01/10/2017 08:06 pm ARLINGTON, Va.—NAFCU President and CEO Dan Berger has again strongly urged the NCUA to reconsider whether a 2017 National Credit Union Share Insurance Fund premium is necessary and to “exhaust all options prior to charging such a premium.”
I’ll Trade You Two Hackers For One Scammer: Topps Is Breached 01/10/2017 08:06 pm NEW YORK—Trading card maker Topps reported that hackers last year breached its systems.
Xtend, Zipwhip Say Big Growth In Two-Way Text Implementation Pipeline 01/15/2017 07:07 pm GRAND RAPIDS, Mich.–Xtend, Inc. is reporting that its recent partnership with Zipwhip has resulted in a significant pipeline of two-way text implementation projects for its credit union customer-owners.
Foreclosure Inventory Continues To Slide, But Defaults Still High in Some States 01/15/2017 07:07 pm IRVINE, Calif.—The foreclosure inventory declined by 30% and completed foreclosures declined by 25.9% compared with November 2015, according to the November 2016 National Foreclosure Report from CoreLogic.
Cascade FCU Paying 20% Bonus Dividend, Loan Refund 01/10/2017 08:07 pm KENT, Wash.–Cascade Federal Credit Union is paying a 20% bonus dividend on interest paid to its members during 2016, as well as refunding 10% of the interest members paid on auto loans and VISA credit cards in 2016.
Report On Risks In Online Debt Sales Market Is Released 01/15/2017 07:08 pm WASHINGTON—As part of its multi-pronged effort to inform public understanding of the debt collection industry, the CFPB has released a Report On Risks in the Online Debt Sales Market, which highlights potential risks to consumers’ personal information posed by debt sales online.
