SLIDELL, La.—The Bank of Louisiana is leading a class-action lawsuit on behalf of banks and other financial institutions in the wake of the Marriott International data breach that revealed personal information – including names, addresses, payment card details and passport numbers – of as many as 500 million customers.
PORTSMOUTH, N.H.–New CEOs have been named by four credit unions.
WASHINGTON—"For credit unions, access to faster payments services could help attract new members and improve overall satisfaction with services," wrote NAFCU's Andrew Morris in response to the Federal Reserve's proposal to develop a 24/7/365 real-time gross settlement (RTGS) service.
COLUMBUS, Ga.—Debit cards were the most popular payment method in the United States in 2017, according to a new report.
WASHINGTON—While Congress is focused on passing legislation that would avert a federal government shutdown, credit unions are hopeful a provision providing relief to financial institutions serving cannabis businesses could be included in other legislation.
ARLINGTON, Va.—Credit unions' loan growth remains exceptionally high, as it has for several consecutive years, according to NAFCU's third-quarter CU Industry Trends report.
ARLINGTON, Va.—Total retail sales rose 0.2% in November following strong gains in October.
HELENA, Mont.–Helena Community Credit Union has changed its name. The $206-million CU is now Intrepid Credit Union, and said it made the name change in part because it is expanding beyond the Helena market into Bozeman, Mont., in February of 2019.
WASHINGTON—Congress is again being urged to deliver a national data security standard for entities that collect and store consumers' personal and financial information that are not already subject to the same stringent requirements as depository institutions.
ST. CLOUD, Minn. – Great River FCU here says it expects to save approximately $10,000 per month in data processing costs following its move to the core solution offered by CUProdigy.
