Advanced search


OLYMPIA, Wash. – One credit union here is urging state workers to start preparing now in the event of a state government shutdown. It also said it will provide assistance should state employees start missing paychecks.

CHERRY HILL, N.J.—Nine out of ten (91%) finance professionals believe that cyberattacks and payment fraud will get worse within the next three years, according to a survey from TD Bank.

WASHINGTON—NAFCU, CUNA and 21 other trade associations urged subcommittee leaders under the House and Senate Appropriations Committees on Thursday to include language in their fiscal 2018 spending bills that would transition the governance structure of the CFPB to a five-person bipartisan commission.

LOMBARD, Ill.—Credit unions this year have a big opportunity to expand their business lending, according to Raddon–but a lot of that will depend on the performance of front-line staff.

LOS ANGELES–Credit union members here shopping for a new home increasingly need larger and larger downpayments, as home prices zoom. The median home price in Los Angeles county hit a new high of $560,500 in May, up 6.8% over one year earlier, according to new data from CoreLogic.

WASHINGTON–Sales of existing homes were up 1.1% in May over April, and up 2.7% year-over-year, according to new numbers released by the National Association of Realtors.

ALEXANDRIA, Va.—The NCUA board Friday proposed a rule that would drop the overhead transfer rate (OTR) to 60% from 67.7%, and include new OTR calculation methodology the agency believes is simpler.