Maine’s Credit Unions Warned To Be On Lookout For Divisive Letter 08/13/2018 07:42 pm WESTBROOK, Maine–Credit unions in Maine are being cautioned against reacting to an “attempt by bankers to pit credit unions of different sizes against each other.”
Robbery Suspect Shot, Killed At Credit Union 08/13/2018 07:42 pm COEUR D’ALENE, Idaho–A suspect in an attempted robbery of a credit union here is dead after being shot by an armed security guard.
CUs Feeling The Pressure As Rates Rise, Especially On Deposits, Survey Finds 08/22/2018 07:55 pm ARLINGTON, Va.—Credit unions are facing increased levels of competition, especially on member deposits, as a third increase to the federal funds target rate is expected next month, reports NAFCU.
Bureau Finalizes Rule Changes Around Privacy Notices 08/13/2018 07:43 pm WASHINGTON—The Bureau of Consumer Financial Protection has finalized rule changes to codify 2015 Gramm-Leach-Bliley Act (GLBA) revisions on private notice requirements.
Don’t Add To Compliance Burden, Social Security Administration Is Told 08/22/2018 07:55 pm WASHINGTON—The Social Security Administration (SSA) is being urged to not add to credit unions' compliance burdens as it works to implement a provision contained in the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) that is aimed at reducing synthetic identity fraud.
NAFCU Comments On Treasury's Report On Nonbank Financials 08/13/2018 07:43 pm ARLINGTON, Va.–NAFCU has sent a comment letter to the Treasury Department in response to its newly published “Report on Nonbank Financials, Fintech, and Innovation.
Mountain West CU Association Endorses Candidate For Governor Of Wyoming 08/13/2018 07:44 pm DENVER — The Mountain West Credit Union Association (MWCUA), which represents 21 credit union in Wyoming, in addition to CUs in Colorado and Arizona, said it is endorsing Republican Mark Gordon in his bid for governor.
Apple Passes Trillion-Dollar Threshold And Is Closing In On CU Totals 08/13/2018 07:45 pm CUPERTINO, Calif.—Apple has become the world's first $1-trillion company, and in the process now represents in market valuation approximately 77% of total U.S. credit union assets.
Caffeine? Yes. Retirement, Not So Much, Say Millennials 08/13/2018 07:45 pm HOBOKEN, N.J.–A new study has found that when it comes to saving for retirement, a quarter of all Millennials spend more getting a caffeine fix every month than they do putting money away for retirement.
VyStar Closes Deal On Downtown Office Tower 08/13/2018 07:45 pm JACKSONVILLE, Fla.–As CUToday.info reported, VyStar Credit Union announced plans to buy the SunTrust Tower in downtown Jacksonville and move its headquarters and up to 700 employees into the 23-story building. The SunTrust tower is highly visible on the city’s skyline and is adjacent to the St. John’s River.
