Advanced search

CHAPEL HILL, N.C.–State Employees Credit Union is purchasing the Blue Cross and Blue Shield of North Carolina’s headquarters building here for $35 million with plans to turn it into a disaster recovery center and a branch.

ALEXANDRIA, Va. – NCUA will host a webinar, “Fine-Tuning Your Compliance Program: Common Compliance Violations,” on July 21.

WASHINGTON—The Federal Trade Commission is mailing almost 95,000 checks totaling approximately $4 million to consumers who lost money to a debt collection operation that extorted payments from them by using false threats.

TAMPA, Fla.—GTE Financial is celebrating is 80^th anniversary by offering a number of related incentives throughout the year.

BENTONVILLE, Ark.—Don’t expect Walmart to exit the debit card space anytime soon, as Green Dot has reached an agreement with the retailer to continue as the issuing bank for the merchant’s prepaid reloadable debit card program for an additional five years.

WASHINGTON–The U.S. Office of Personnel Management said it is temporarily suspending use of an online background investigation tool following the discovery of a potential vulnerability in the system.

LOMBARD, Ill.—A new study shows that compared to recent years, fewer consumers are overdrawing their checking accounts.

“Between a rock and a hard place” accurately captures the position of today’s Fed.  Increase interest rates and you have higher prices chasing fewer dollars, or inflation.  Increase the Money Supply, which increases employment and output, but at a price regulators, investors, politicians and consumers won’t pay today. Do nothing is an option: don’t raise interest rates and leave Money Supply the way it is.