Here Are Some Of The Takeaways From A Week’s Worth of DC Hearings 03/04/2019 07:37 pm ARLINGTON, Va.–Credit unions have now had a few days to digest a week of Capitol Hill hearings on issues that have long been priorities.
'Total Disregard For Fiduciary Responsibility' 02/24/2019 03:34 pm ALEXANDRIA, Va.—Assessing what led to the corporate credit union crisis 10 years ago, Michael Fryzel said mismanagement and total disregard for fiduciary responsibility was “rampant” among credit unions’ credit unions.
Study Examines Use Of Big Data On Card Offers 02/24/2019 04:30 pm CAMBRIDGE, Mass.–Credit card companies are using a new array of vast datasets to precisely profile credit applicants, provide more targeted customer service, and combat fraud, according to a study
Here’s What’s On The DC Hearing Agenda This Week 03/04/2019 07:38 pm WASHINGTON–Both the House and the Senate are in session this week. While there is no legislation of specific interest to credit unions expected to come before either house, there are several hearings of interest over which the trade groups expect to file comment letters.
Financial Advisor Suspected Of Stealing As Much As $100 Million 02/24/2019 04:30 pm CHICAGO–A financial advisor here is suspected of stealing as much as $100 million from clients and investors.
In Southeast, CUs Reportedly Escaped Tornadoes; In California, Disaster Relief Being Offered 03/04/2019 07:38 pm OPELIKA, Ala.–The devastating tornadoes that struck Alabama as well as Georgia and which killed at least 23 people apparently spared credit union facilities.
Compliance Demands Driving New Approaches 03/04/2019 07:40 pm BROOKFIELD, Wis.—It won’t be long before operating a mortgage operation may be as simple as running the CU’s credit card business.
Court Grants Preliminary Approval Of $50 Million Settlement In Wendy’s Breach Case 03/04/2019 07:59 pm WASHINGTON–The U.S. District Court for the Western District of Pennsylvania granted preliminary approval of a proposed settlement in the Wendy’s data breach case, which will pay $50 million to financial institutions.
Delta Community CU Spreads Its FOM Wings 02/24/2019 07:24 pm ATLANTA–The $5.8-billion Delta Community Credit Union has expanded its field of membership to be able to serve the more than 400,000 people living or working n Douglas, Paulding and Rockdale counties, Georgia.
Make-A-Wish Kids Visit New Hampshire's Credit Unions 03/04/2019 09:04 pm MANCHESTER, N.H.–New Hampshire’s credit unions were treated to special sweets/treats and personal expressions of gratitude from Wish children from Make-A-Wish New Hanpshire.
