WASHINGTON–The positive economic impact of the credit union tax exemption and the fundamental differences between how banks and CUs operate cannot be overlooked, according to an op-ed by NAFCU’s Carrie Hunt that was published in The Hill, a publication that focuses on Capitol Hill.
NEW YORK–A generation is being crushed by student debt, but it’s not the one you may think—it’s Americans over age 60 who currently hold total student debt of $86 billion—and that amount is growing.
ATLANTA—Casual dining and fast food restaurant chain Huddle House announced it has suffered a security breach stemming from its point of sale system. The company said the breach likely impacted 341 locations between August 2017 and Feb. 1.
RALEIGH, N.C.–Constellation Digital Partners said it has hit a new milestone with the certification of the first round of services submitted by development partners for its cloud-based marketplace.
FRANKLIN, Tenn.– Franklin Madison announced it has entered into a partnership with Ethos.
CHEYENNE, Wyo.—Wyoming has become the first state to recognize cryptocurrencies as legal property and subject them to some of the rules governing fiat money.
MIAMISBURG, Ohio–The $340-million River Valley Credit Union here has purchased three Money Machine 2 self-service coin counters from Cummins Allison, which will save it nearly $30,000 in rental program costs and also improve service, according to the company.
CHARLOTTE, N.C.—Bank of America is making it easier for consumers to receive the maximum cash back on their rewards card.
NEW YORK–Many auto dealers have started 2018 with heavy inventories of unsold vehicles on their lots, with analysts suggesting the situation could put pressure on manufacturers to cut factory output as U.S. auto sales cool, according to a new report.
ARLINGTON—Total vehicle sales decreased to a rate of 16.7 million annualized units in January.
