Could Fake Account Scandal At Wells Fargo Get Even Bigger? Perhaps, Says Bank 03/05/2017 05:16 pm SAN FRANCISCO–Is the fake account scandal at Wells Fargo even bigger than has been believed? The bank was fined more than $185 million in 2016 for opening as many as 2.1 million accounts that customers had never requested, such as for checking and credit cards, as front line staff tried to meet aggressive sales goals the bank had set.
CU Assn. of the Dakotas Unveils Revamped CU Social Good Site 02/28/2017 09:48 pm WASHINGTON–The Credit Union Association of the Dakotas has unveiled a completely updated and re-vamped CU Social Good website.
Cabrillo CU Completes Branch Transformation 02/21/2017 03:18 pm SAN DIEGO–Cabrillo Credit Union said it has recently completed a transformation of its Chula Vista branch, located in the Terra Nova Plaza.
New PSCU White Paper Offers Analysis of What Latest Holiday Shopping Numbers Mean 02/21/2017 03:20 pm ST. PETERSBURG, Fla.—PSCU owner credit unions experienced 8.6% growth in 2016 holiday card spending during the period from November to December.
America Saves Week, Military Saves Week Kick Off 02/26/2017 03:55 pm WASHINGTON–This week is America Saves Week and Military Saves Week, and credit unions and credit union organizations are participating in a variety of different activities.
Card Not Present Fraud Skyrocketed During 2016 02/26/2017 03:57 pm PLEASANTON, Calif.—Card not present fraud skyrocketed in 2016, jumping 40% from 2015, according to Javelin Strategy & Research.
Evergreen CU Announces Promotions, Hirings 02/21/2017 03:23 pm PORTLAND, Maine–Evergreen Credit Union announced promotions and new additions to the senior management team.
This Service Is Stepping Up Its Presence 02/21/2017 08:09 pm LAKE FOREST, Ill.—A new report indicates that reloadable prepaid cards are now firmly competing with checking accounts.
Credit Unions Sign On To Participate In Rhode Island’s ‘Bank Local’ 02/21/2017 08:10 pm PROVIDENCE, R.I.–The State of Rhode Island has become the latest to back a community deposit program called “Bank Local.”
Merger Vs. No Merger: Proponents, Opponents of PA Deal Square Off 02/26/2017 10:33 pm CARLISLE, Penn.–The proposed merger with Harrisburg, Penn.-based Belco Community Credit Union and Cornerstone FCU here is simply an example of a big credit union trying to buy its way into a market, according to Dave Keffer.
