RICHLAND, Wash.–Two Washington credit unions have announced plans to merge and form a multi-billion institution. The $2-billion GESA Credit Union here and the $1.3-billion Inspirus Credit Union, Seattle, said they plan to combine and will now seek regulatory approval and a vote by members.
Fresh Today
WASHINGTON – The U.S. Senate voted 50-49 to confirm Kathy Kraninger as the next head of the Bureau of Consumer Financial Protection.
BEAVERCREEK, Ohio–Wright-Patt Credit Union has announced it will pay an $8.6-million Special Patronage Dividend to members in early 2019.
GRAND RAPIDS, Mich.–CU*Answers said it has partnered with VantageScore Solutions to allow credit unions to pull an alternative credit score to the traditional FICO score.
UPPER MARLBORO, Md.–New CEOs have been named by credit unions in three states.
RANCHO CUCAMONGA, Calif.– Credit and debit cardholders are increasingly completing their holiday shopping online and spending more money on experiences, according to analysis of Thanksgiving Day through Cyber Monday card transaction data by CO-OP Financial Services.
MADISON, Wis.—CUES said it has partnered with LEO Cyber Security, a Texas-based cyber-advisory and operations firm that helps businesses architect, build, and operate cybersecurity programs.
SAN FRANCISCO–Wells Fargo said it is terminating approximately three-dozen district managers for what the bank said was a lack of oversight related to a sales scandal that took place two years ago.
FT. LAUDERDALE, Fla.–Where are interest rates headed? Pay attention to the “Dot Plot.”
FT. LAUDERDALE, Fla.–The way credit unions do asset/liability management has “fundamental flaws,” according to one analyst, and it’s costing them.
