OCEANSIDE, Calif.–To mark its 70th anniversary, Frontwave Credit Unionis hosting a series of experiential activities and events that showcase acts of kindness throughout its Southern California communities.
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ALBANY, N.Y.–The New York Credit Union Association and its affiliate company, UsNet, reported they have made an investment in Illuma Labs, a Texas-based CUSO that provides the voice-verification solution Illuma Shield.
JACKSONVILLE, Fla.–VyStar Credit Union said it is calling off its plan to aquire Georgia-based Heritage Southeast Bancorporation. The news comes at the same time VyStar is working to return its online and mobile banking solutions to full functionality after they crashed in mid-May.
ALEXANDRIA, Va.—During Thursday’s NCUA board meeting, the agency shared generally postiive feedback from its new post-examination survey, although the overall tone did not reflect some of the views that have been shared in other forums.
ALEXANDRIA, Va.—The NCUA board today will receive a briefing and update on the post-exam feedback survey.
WASHINGTON–Inflation. The war in Ukraine. The midterms. Mass shootings. Baby formula shortages. Soaring gas prices. Is this year setting a record in Washington for issues grabbing the attention of Congress and sidelining the CU agenda, or does it just feel that way?”
WASHINGTON–Mortgage rates continue to rise, having jumped significantly even prior to the Federal Reserve’s meeting this week at which it announced it was pushing up rates.
ALEXANDRIA, Va.–Fraud played a role in two of the three most recent credit union failures, which in total cost the insurance fund just over $1 million.
WASHINGTON–The Federal Reserve’s Open Market Committee has voted to increase interest rates by three-quarters of a percentage point, a quarter-point more than many analysts had expected as it seeks to temper ongoing inflation.
ATLANTA–Several experts in the automotive field are predicting lower prices for vehicles lie in the future, which would be welcome news to many auto-shoppers.