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SAC FCU

SAC FCU promotes its uniqueness.

LAKE FOREST, Ill.— Since 2000, overdraft prices at banks and credit unions have adjusted upward at a pace higher than the rate of inflation—and CUs are the biggest drivers—according to a new report.

WASHINGTON—The operators of a telemarketing scheme charged with bilking millions of dollars from consumers, many of whom are seniors or military veterans on fixed income, will pay approximately $7.5 million in consumer redress under a settlement with the Federal Trade Commission.

SANTA ROSA, Calif.–Redwood Credit Union’s reported its Sonoma County Flood Relief Fund received more than $17,700 from generous donors and grants from PG&E and Verizon, to aid those impacted by the severe Sonoma County floods in the first few months of 2017.

OSHKOSH, Wis.–Chatter Yak!, a CUSO specializing in marketing, advertising and social media and consulting, reported the $400-million Frankenmuth Credit Union in Michigan closed more than $530,000 in new loans using its Yak Tracker solution.