The Big Banks’ Sweet Card Transfer Deals Not So Sweet Anymore 02/07/2018 08:09 pm NEW YORK—Are the big banks’ credit card balance transfer deals beginning to get less attractive?
Many Parents Say Co-Signing For Student Loan Has Cost Them—But They Would Do it Again 02/07/2018 08:09 pm HOBOKEN, N.J.–A majority of parents who cosigned on a private student loan say their credit scores have been negatively affected as a result.
FHFA Issues Final Rule, Housing Goals For Fannie, Freddie 02/07/2018 08:09 pm WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a final rule containing the 2018-2020 housing goals for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
Here’s What National Survey Of FIs Found About Payments Fraud 02/07/2018 08:10 pm MINNEAPOLIS, Minn.—According to a new survey of nearly 300 financial institutions across the country—no surprise—payments fraud losses remain an issue for a majority of respondents.
Trump Administration Mulls Removing FinCEN Guidance On Pot Biz Accounts 02/07/2018 08:10 pm WASHINGTON—The Trump administration is considering removing Financial Crimes Enforcement Network (FinCEN) guidance that has allowed financial institutions to open accounts for marijuana businesses without running afoul of federal regulators.
2 Former CU Execs File Suit Alleging They Were Fired After Seeing CEO Use Cocaine 02/07/2018 08:23 pm AURORA, Colo.–Two former executives with a credit union here have filed a lawsuit alleging they were fired because they saw the CEO using cocaine, an accusation that has been met with a vehement denial.
Hearing Today In Case Related To Former CEO’s Benefits; CU Alleges Affair Terminated Deal 01/28/2018 04:47 pm PORTSMOUTH, N.H.–Court arguments are scheduled to be heard here today in a case involving a former credit union CEO and a CEO that says his alleged affair nullifies a contractual agreement.
Cybercrime More Than Doubles As Type of Crime Changes 01/23/2018 07:51 pm NEW YORK—Worldwide cybercrime attacks have doubled in volume over the last two years, according to a new report that adds the type of crime has shifted dramatically, putting consumers at greater risk.
Minnesota CU Spreads Its Wings with Purchase Of 3 Bank Branches 01/23/2018 07:56 pm APPLE VALLEY, Minn.—The $4.5-billion Wings Financial CU has agreed to purchase three branches from KleinBank, headquartered in Chaska, Minn.
