Very Different From 'Early Days' 01/10/2019 08:41 am ROYAL-OAK, Mich.—When Michael Bell looks back on what are now the “early days” of acquisitions of banks by credit unions, he recalls all the phone calls he made to tell potential bank sellers that credit unions are good buyers.
St. Mary’s Bank Promotes Tetrault and McKinnon 01/07/2019 12:15 pm MANCHESTER, N.H. — St. Mary’s Bank has promoted Rebecca Tetrault and Pamela McKinnon to Regional Manager and Business Services Officer, respectively.
Credit Union Association of Dakotas Names Welder Director of Communications 01/07/2019 01:40 pm BISMARK N.D. – The Credit Union Association of the Dakotas has hired Lori Welder as Director of Communications at the Bismarck office.
In California, New Law Prohibits Gender Differences In Pricing Auto Insurance 01/09/2019 07:56 pm WASHINGTON–Credit unions and CUSOs that offer auto insurance in California will need to ensure compliance with a new regulation in the state that eliminates the use of gender when setting insurance pricing.
Chinese E-Commerce Giant Looks To Buy British Currency Exchange 01/09/2019 07:56 pm HANGZHOU, China—Ant Financial, the Chinese e-commerce giant partly owned by Alibaba, is rumored to be looking to acquire British currency exchange startup WorldFirst for around $700 million, according to a new report.
Ultra-Premium Card Rewards Becoming ‘Financial Albatrosses’ For Issuers 01/09/2019 07:57 pm NEW YORK—The ultra-premium rewards have turned into “financial albatrosses,” according to a new report.
Here’s How Much Legal, Illegal Immigrants Sent To Mexico, Central America 01/09/2019 07:57 pm WASHINGTON—Legal and illegal migrants sent $53.4 billion in remittances back to Mexico and Central America in 2018, or approximately double the estimated cost of building a border barrier on the U.S.-Mexico border, according to a World Bank report.
Northwest FCU Supports Friends of Homeless Animals 01/07/2019 03:03 pm HERNDON, Va.–Northwest FCU donated $10,000 to resurface exercise runs for shared kennels at the Friends of Homeless Animals (FOHA) shelter as their final donation for 2018 under the umbrella of Transforming Lives through Acts of We.
Information Now Expected 'Immediately' 01/07/2019 07:40 pm AUSTIN, Texas—Instant property reports are expected to be high on credit unions’ wish lists for 2019, says FirstClose.
A Look At Which Banks Received Most Complaints During 2018 01/09/2019 07:57 pm HOBOKEN, N.J.– A new ranking reveals which banks were the subject of the most complaints by consumers to the Consumer Financial Protection Bureau during 2018. It may surprise some to discover that while it made the top 10, Wells Fargo was in the bottom half of the list.
