NEW YORK—Private student loans are the fastest growing loan category among credit unions, according to a new report.
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WASHINGTON–Two trade groups representing payday lenders have filed a motion for preliminary injunction to enjoin the Bureau of Consumer Financial Protection from enforcing its payday lending rule.
PLANO, Texas–Kathy Garner, CEO of Catalyst Corporate Credit Union, has announced plans to retire in March 2019, with the $2.6-billion corporate naming Bruce Fox as Garner’s successor.
RALEIGH, N.C.–In the wake of damage and flooding from Hurricane/Tropical Storm Florence, State Employees’ Credit Union’s SECU Foundation announced a grant of $1 million to the Feeding the Carolinas program to assist victims in the counties directly affected by the storm.
CHANTILLY, Va.—Justice FCU has selected a new president and CEO. The $794-million Justice Federal has named Mark L. Robnett to lead the organization, after having served as interim CEO since May.
HELENA, Mont.–Montana’s Credit Unions said it is partnering with the Minnesota Credit Union Network and TruLync to offer WINcentive prize-linked savings accounts in the state.
WASHINGTON—Columbia University economist Richard Clarida has been sworn in to serve as vice chairman of the Federal Reserve Board.
PURCHASE, N.Y.—Mastercard reported it has reached an agreement to settle monetary damages claims in a U.S. merchant class-action litigation suit.
MADISON, Wis.—The CUNA Lending Council has published a new white paper, “Loans Through a Strategic Lens: How Lending Executives Inspire Big-Picture Thinking and Execution.”
SPOKANE VALLEY, Wash.–Horizon Credit Union has hit $1 billion in assets and revealed a celebration surprise to employees at the annual employee appreciation barbecue.