CIRCLE, Mont.–Two Montana credit unions have announced merger plans. The $9-million Fallon County FCU in Baker said its members have voted in favor of merging into the $71-million McCone County FCU.
Fresh Today
WASHINGTON—The Treasury Department’s Financial Crimes Enforcement Network has been looking into whether foreign buyers are using shell companies to buy luxury U.S. real estate in order to launder money for almost three years, but two Democratic senators want the government to do more to figure out how much criminal activity is prevalent in such deals.
DALLAS–Calyx Software, a provider of mortgage software solutions, said all Calyx Point users can now access Deephaven’s non-QM mortgage products, enabling them to serve more borrowers and capitalize on the growing opportunities for non-QM.
YEREVAN, Armenia—The Council of the European Union has adopted a regulation aimed at improving controls on cash entering or leaving the EU. The move follows an agreement reached with the European Parliament in June.
NEW YORK—There's a black market for frequent flyer miles. Stolen frequent flyer accounts and rewards points are a hot commodity on the Dark Net, a new report shows.
MADISON, Wis. — Membership in credit unions around the world has now surpassed more than 260 million people globally. The announcement comes as credit unions prepare to celebrate International Credit Union Day on Thursday.
HOUSTON—EMV continues to thwart crooks at the point of sale, a new report shows.
SAN FRANCISCO–The City of San Francisco is attempting to put in place controversial new rules aimed at saving the local taxi industry, but a local credit union is calling the plan “disingenuous.”
ARLINGTON, Va.–A new report listing the top 100 cooperative businesses in the U.S. as ranked by annual revenue in the U.S. includes five credit unions.
SAN FRANCISCO—Could the long series of scandals committed by Wells Fargo finally be costing the bank some customers? One new report suggests that could be the case.