Advanced search

CHICAGO—Writing off the Beatles as “finished” before they ever started. Dismissing the telephone (and doing it again a century later). The squirrel-zapping bird feeder. All are examples of bad decision-making in business. In honor of Thanksgiving, CUToday.info offers this salute to business and management “turkeys.”

MADISON, Wis.—The increasing size of commercial loans being made by credit unions, as well as the similarly growing number of credit unions originating them, is the subject of a new white paper from the CUNA Lending Council.

WASHINGTON — At two separate events this month in New York and Washington sponsored by the United Nations (U.N.), the World Council of Credit Unions said it promoted financial inclusion as one of the Sustainable Development Goals (SDGs).

WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) has assessed a $300,000 civil money penalty against a $4-million CU that during 2013 did $1.01 billion in outgoing wires and $984 million in remotely captured deposits.

COSTA MESA, Calif.—The average debt per consumer has risen to $28,496, up 2.3% from 2013, while the average number of plastic bank cards carried per person is 2.18%, up 4.2% per person.

TEMPLE, Texas—Texas Partners FCU here held a release party and private screening of the new movie ‘Mockingjay—Part 1,” part of the Hunger Games series, showing the movie one night before its official debut.

LARGO, Fla.—As part of a plea agreement, Linda Reynolds-Sienkiewicz, the former president and CEO of Pinellas FCU, has admitted to accepting a bribe from a company that provides identity theft protection services.

SAN DIEGO—In conjunction with the San Diego Chargers, San Diego County Credit Union sponsored “Chargers Drive XXXVI” here yesterday at the Town & Country Convention Center as part of a broad effort to collect blood donations. The long-running community event included appearances by Chargers players, live music, interactive activities, and free bone marrow registry testing.

GOSHEN, Ind.—Traditionally limited to the day after Thanksgiving, Interra Credit Union is hosting a Black Friday Sale that is actually running all this week.

CHARLESTON, S.C.—How do cyber-thieves verify stolen credit and debit card data?