Mutual Security Credit Union Names New CEO 01/21/2019 03:26 pm SHELTON, Conn.–Mutual Security Credit Union here has named a new president. The $307-million MSCU has selected Henry Baum to lead the organization.
Fake Diamonds: CFPB Slaps Parent to Numerous Jewelers in Settlement 01/21/2019 03:40 pm WASHINGTON — The Consumer Financial Protection Bureau and the State of New York have settled claims against Sterling Jewelers Inc. for the company’s credit card issuing practices.
PSECU Sponsoring Fill a Glass With Hope Initiative 01/11/2019 02:33 pm HARRISBURG, Penn.–PSECU is again sponsoring the annual Fill a Glass With Hope initiative.
Ex-CU Employee Gets Sentenced for $600K Theft 01/21/2019 03:26 pm ALLENTOWN, Penn.–A former employee at Allentown FCU has been sentenced to prison and ordered to pay more than $600,000 in restitution.
Mergers Announced in Washington, California, Iowa 01/21/2019 03:27 pm DUPONT, Wash.–Credit unions in Washington, California and Iowa have announced mergers.
Sen. Warren Wants Wells Fargo Expelled from Campuses 01/21/2019 03:28 pm WASHINGTON–Sen. Elizabeth Warren (D-MA) is demanding that Wells Fargo & Co. be kicked off college campuses across the country.
Franklin Madison Partners With Sirius America 01/21/2019 03:28 pm FRANKLIN, Tenn.—Franklin Madison Group LLC announced it has entered into a strategic partnership with Sirius America, a U.S.-based insurer and reinsurer.
South Dakota Passes Bill That Would Allow CUs to Band Together on Health Insurance 01/21/2019 03:28 pm PIERRE, S.D. – A bill that modernizes the South Dakota statute pertaining to Multiple Employer Trusts (Association Health Benefits) has passed through the State Senate Commerce and Energy Committee with a 6–0 vote.
Used Vehicle Values See First Major Decline In Six Months 01/21/2019 03:28 pm LAWRENCEVILLE, Ga.—Used vehicle values in December showed their sharpest declines since last May, Black Book reports, adding that overall 2018 was a strong year for used values.
OCC’s Otting Urges Congress To Take Action Around Cannabis Biz 01/21/2019 03:30 pm WASHINGTON—Comptroller of the Currency and interim director of the Federal Housing Finance Agency Joseph Otting is calling on Congress to take action on marijuana legalization to provide financial institutions with more clarity on how they can serve marijuana-related businesses.
