NEWPORT NEWS, Va.–One credit union has announced a new CEO, while another CEO has announced retirement plans.
Fresh Today
COLUMBUS, Ohio–Two Ohio credit unions have announced plans to merge, with one continuing to operate as a division of the other. The $290-million Pathways FCU said it will merge in the $89-million Incenta FCU in Englewood, Ohio.
HARRISBURG, Penn.—Pennsylvania State Employees CU and the Penn State Alumni Association and have agreed to a 10-year relationship recognizing PSECU as the official credit card and the official financial services provider of the Penn State Alumni Association, the CU reported.
WASHINGTON—The Federal Housing Administration (FHA) is changing its requirements for high debt-to-income (DTI) ratio and low credit score loans.
ALEXANDRIA, Va.—NCUA announced registration is open for an “Ask the Regulators” webinar on coming changes to the Current Expected Credit Losses accounting standard.
ARMONK, N.Y.—IBM is paving the way for banks and other regulated financial institutions to get involved with blockchain.
CUPERTINO, Calif.–Apple has unveiled its new Apple Card by calling it the most “significant change in the credit card experience in 50 years.” But what do analysts think now that they’ve had the opportunity to review its features?
ALEXANDRIA, Va.–NCUA said it will be accepting comment on a new recordkeeping system related to examinations, according to a notice published in the Federal Register.
WASHINGTON—While credit unions provided loans to consumers when banks pulled back during the financial crisis, a new paper suggests credit unions did not perform as well when it came to home equity lending—but also says members themselves may have played role.
TAMPA, Fla.–GTE Financial Credit Union is rolling out a new advertising campaign that focuses on what it calls the “tremendous philanthropic outreach” conducted each year by its employees and members. The campaign will include both television and radio advertising.