FLINT, Mich.–Thieves who stole eight brand-new Chevrolet Silverado HD and GMC Sierra HD pickup trucks from a car dealer here also crashed one into a branch of Sovita Credit Union here as part of a robbery attempt.
Fresh Today
WASHINGTON—As the Senate Appropriations Subcommittee on Financial Services and General Government (FSGG) considers 2020 funding, NAFCU highlighted the important role the Community Development Revolving Loan Fund (CDRLF) and the Community Development Financial Institutions (CDFI) Fund play in helping "promote access to capital and local economic growth in low-income communities."
BRAINTREE, Mass.–Liberty Bay Credit Union has named a new CEO. The $670-million LBCU has added CEO to the title of Lyndon Matteson, who has since late 2018 been serving as president.
MENLO PARK, Calif.— Global regulators expressing opposition to Facebook’s Libra initiative around a new cyber currency, and even members of its own Libra Association are having serious doubts of their own, a new report indicates.
FRANKFURT, Germany—The European Central Bank is being advised by ECB board member Yves Mersch that Facebook’s Libra could affect its ability to set monetary policy.
O’FALLON, Mo.–West Community CU said it plans to begin offering members Plinqit a brandable, savings app that pays users for engaging with content.
CINCINNATI—Which NFL team reminds consumers most of a driverless car? The New England Patriots.
PURCHASE, N.Y.–A new study from Mastercard reveals that since 2009, the number of international overnight visitors grew a dramatic 76%.
LOS ANGELES–Edward Rostohar, the former CU CEO who pleaded guilty from stealing more than $40 million from a $21-million credit union over two decades, has been sentenced to 169 months in prison.
WASHINGTON–Rates on the 30-year mortgage saw one of their biggest short-term jumps in several years last week.