ARLINGTON, Va.—Is it OK to remove accurate reporting from a members' credit report even if it has a negative effect on their credit score?
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WASHINGTON—JPMorgan Chase, Citigroup and Wells Fargo are all voicing concerns over the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard and how it will impact their capital, among other issues.
MADISON, Wis. – As part of National Retirement Security Week, set for the week of Oct. 21, CUNA Mutual Retirement Solutions said it will be providing plan participants with a set of tools to help them reflect on their personal savings journeys and make sure they are on target to reach their retirement goals.
TUKWILA, Wash.–BECU once again held its annual Day of Service during which it closed its branches and nearly 2,000 employees hosted financial reality fairs for more than 8,000 students at 16 high schools in Puget Sound and Spokane.
SARASOTA, Fla.–1st Street Credit Union here has been announced as the winner of the “My Virtual StrongBox Dash For Cash Contest,” which was sponsored by CU*Answers Imaging Solutions in conjunction with Virtual Strongbox.
SAN FRANCISCO–Marching in step with economic and unemployment numbers, the October Money Anxiety Index decreased to 43.0, the lowest level since November 1968.
ADELAIDE, Australia–In what will be their last year of sponsorship of a traditional Christmas parade here, several credit unions have unveiled their floats.
BROOKFIELD, Wis.–Fiserv and DadeSystems have announced they will collaborate to provide financial institutions the capabilities and confidence needed to automate accounts receivables processing for businesses, with Fiserv serving as a connection point through which institutions can access DadePay AR Automation as a software-as-a-service (SaaS) solution.
WASHINGTON—Co-branded cards are stepping up their rewards offerings, a new report indicates.
BASEL, Switzerland—More than 200 banks around the globe, including 111 large internationally active banks, are making progress in meeting initial minimum Basel III standards, a new report indicates.