CRANSTON, R.I.–Cranston Municipal Employees Credit Union has named a new president/CEO. The $58-million CMECU has named Scott R. Kaplan to lead the organization, succeeding Dennis J. Crawley after a 25-year career with the credit union.
Fresh Today
WASHINGTON–The U.S. Treasury’s Department’s Office of Foreign Assets Control (OFAC) has taken action against Evil Corp, a Russia-based cybercriminal organization it alleges is responsible for malware it has used to infect computers and harvest login credentials from hundreds of banks and financial institutions in over 40 countries, causing more than $100 million in theft.
REGINA, Saskatchewan–Several groups and organizations in this province are enjoying new physical facilities after Conexus Credit Union opted to give away a number of branches it is closing rather than sell them.
SAN JOSE, Calif.—The 2019 holiday season continued the shift to shopping on the web as Black Friday numbers surged to a record $7.4 billion in online sales, according to a report from Adobe Analytics.
ALEXANDRIA, Va.— U.S. Senate FCU has broken ground on a new headquarters here this week, a building named after their longest-serving board member and Senate staff icon Bertie Bowman.
NEW YORK–Some concerns are being raised following the purchase by a private equity firm of the company that owns every .org domain on the web.
TORONTO—Seven Canadian credit unions have become the first in the country to launch Interac Debit on Google Pay.
TYLER, Texas—Wells Fargo has filed a motion with the U.S. District Court for the Eastern District of Texas asking the court to stay a recent jury decision that found Wells Fargo intentionally infringed on USAA's remote deposit capture (RDC) patents and ordered Wells Fargo to pay $200 million in damages.
WASHINGTON–One day after an announcement of the largest-ever purchase of a bank by a credit union, several members of Congress had questions for the chairs of NCUA and the FDIC during testimony before the House.
COLORADO SPRINGS, Colo.–Ent Credit Union has reached a settlement in a class action lawsuit over its overdraft fee practices. Ent CU is one of numerous CUs across the country to be hit with similar class action litigation.