Millennials Have Lowest Credit Scores, But… 08/03/2015 07:44 pm COSTA MESA, Calif.—A new study indicates that Millennials have the lowest credit scores of all generations, even as they make some major purchases earlier in life than previous generations.
School Employees CU Opts For Inspirational New Name 08/03/2015 07:45 pm SEATTLE—School Employees Credit Union of Washington has changed its name to Inspirus CU.
New Guidelines For Overtime Are Making This Number Important 08/05/2015 11:52 am ALPAHRETTA, Ga.—If new labor guidelines for overtime pay go into effect, one analyst said there is an important number for credit unions to consider when making salary decisions—as well as other issues that must now be considered.
NAFCU Launches New Compliance Cyber Cafe 08/03/2015 07:45 pm ARLINGTON, Va.–NAFCU has launched a new Compliance Cyber Café newsletter, which it says offers a collection of the latest cyber developments and related items from the perspective of a compliance officer.
CUNA Presses NCUA To Help Dial Up Improvements in Telephone Consumer Protection Act 08/03/2015 07:46 pm WASHINGTON—CUNA this week plans to ask NCUA to address the Telephone Consumer Protection Act of 1991 in an effort to help CUs more effectively communicate with their members.
FBI Warns of Rising DDoS, Breach Extortion Attempts 08/03/2015 07:46 pm NEW YORK–The FBI is warning that numerous financial services providers continue to face a wide variety of distributed-denial-of-service (DDoS) and data breach extortion attempts.
‘AK-47 Bandit’ Latest Suspected Robbery In Iowa 07/30/2015 11:19 pm MASON CITY, Iowa–A gunman suspected of robberies across the country is believed to also be responsible for the holdup at a Heartland Credit Union office here.
…Americans’ Personal Income Ticks Up (But So Does Savings Rate) 08/03/2015 07:47 pm WASHINGTON–Americans’ personal income increased $68.1 billion, or 0.4%, and disposable personal income (DPI) increased $60.6 billion, or 0.5%, in June, according to new data released by the Bureau of Economic Analysis.
360 FCU ‘Loan Interest Challenge’ Includes Help For Charities 07/30/2015 11:20 pm WINDSOR LOCKS, Conn.– 360 Federal Credit Union has announced a “loan interest savings challenge” with a goal of saving members a total of $250,000 in loan interest through refinancings.
Lease Credit Approvals Pick Up Speed 07/30/2015 11:20 pm CINCINNATI–Lease credit approvals entering July rebounded from June levels, jumping 3.5% to an overall approvals rate of 72.0%, compared with just 69.6% in the previous month, according to a new report.