Nominations Being Accepted For 2018 Herb Wegner Awards 05/04/2017 08:03 pm MADISON, Wis. – Credit unions are being encouraged to nominate individuals and organizations for the 2018 Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation (the Foundation).
One Forecast For Where Fed Is Going With Rates 05/04/2017 08:04 pm WASHINGTON—NAFCU Chief Economist and Director of Research Curt Long said the Federal Open Market Committee, which chose not to raise the federal funds target rate this week as CUToday.info reported, is still on track for an interest rate hike in June.
Biggest Banks Pulling Back On Auto Loans 05/04/2017 08:04 pm SAN FRANCISCO–The nation’s biggest banks have begun pulling back “sharply” from auto loans, which is contributing to a drop in car sales and raising concerns the auto slump might deepen, according to one new report.
CU Members Mortgage Promotes 3 People 04/30/2017 12:22 pm ADDISON, Texas – As part of ramping up its sales team expansion to better serve credit unions nationwide, mortgage services provider CU Members Mortgage has promoted three staff members to Executive Sales Consultants:
A Look at Why FFFCU Made A Charter Change 05/05/2017 09:29 am LOS ANGELES—While a state charter is often viewed as more advantageous for growth, Firefighters First Federal Credit Union said its recent conversion to a federal charter was done to achieve greater economies of scale.
Financial CHOICE Act Passes Out of Committee 05/04/2017 08:09 pm WASHINGTON – The House Financial Services Committee has passed Committee Chairman Jeb Hensarling’s (R-TX) Financial CHOICE Act, which contains a number of regulatory relief provisions that credit unions back.
Credit Card Fee & Interest Income Topped $163B In 2016 04/30/2017 04:22 pm LOS ANGELES—A new report indicates that credit card fee and interest income topped $163 billion in 2016.
Debt Collector Now Has Debt Of Its Own Following FTC Action 04/30/2017 08:02 pm WASHINGTON—Another debt collector has been levied a large fine.
Mastercard Adds Biometrics To New EMV Cards 04/30/2017 04:23 pm PURCHASE, N.Y.–Mastercard has unveiled a next-generation biometric card, combining chip technology with fingerprints for a payments solution it says conveniently and safely establishes a cardholder’s identity for in-store purchases.
Gerber FCU CEO Reads to Children 05/04/2017 08:55 pm FREMONT, Mich. – John Buckley, president/CEO of Gerber Federal Credit Union, read the Judith Viorst book Alexander, Who Used to Be Rich Last Sunday to second grade students at local schools during April.
