ALEXANDRIA, Va.--NCUA issued one prohibition order in December against a former teller who stole more than $200,000.
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PORTSMOUTH, Va.--NCUA has liquidated the $2.2-million Portsmouth Schools Federal Credit Union.
ANTIGO, Wis.–CoVantage Credit Union said it has returned a record $5 million in patronage dividends into the accounts of its members. It marks the largest patronage payment in the history of the $2.6-billion CoVantage CU, and an $800,000 increase over what was provided to borrowers and savers the year before, the CU said.
AUGUSTA, Ga.–A small Georgia credit union has announced plans to merge into another CU that is 7,500 times larger.
LONDON–Tens of thousands of people awoke on Christmas morning to a surprise present not from Santa, but from Santander, their bank.
WASHINGTON–FDIC Chairman Jelena McWilliams has submitted her resignation effective Feb. 4, 2022.
SEATTLE–As 2021 comes to a close, U.S. homeowners saw a gain of $9.1 trillion in housing value over the past year as housing prices continue to climb, according to a new analysis.
LONDON–Nearly half of all non-home-owning Millennials say they are saving for a house of their own, while 12% said they have abandoned any plans of ever being a homeowner, according to a new study.
HARAHAN, La.–The Louisiana Credit Union League said it will soon launch “bubble,” a new private online community platform it said has been built exclusively for the Louisiana credit union network and that is the result of a new partnership with Breezio.
WASHINGTON–A new report from Pew Charitable Trusts has found student loan borrowers with early repayment troubles are 2.5-times more likely to default.