ALEXANDRIA, Va. –Federally insured credit unions closed out 2017 with nearly $1.4 trillion in total assets and membership growth of nearly 9%.
Fresh Today
WASHINGTON–The average rate on the 30-year fixed mortgage rate increased again last week, the eighth consecutive week mortgage rates have risen on all products but one, according to the latest Primary Mortgage Market survey by Freddie Mac.
LOMPOC, Calif.–Jeff York, CEO of the $1.1-billion CoastHills Credit Union, has been placed on temporary leave by the CU’s board.
ALEXANDRIA, Va.–Credit unions have won another victory in litigation over alleged violations of the Americans with Disabilities Act (ADA) by their websites.
ARLINGTON, Va.—Total vehicle sales decreased in February for the second consecutive month.
WASHINGTON—The Federal Reserve Bank of Chicago is being asked by NAFCU to develop and adopt guidelines related to its Borrower-in-Custody (BIC) program in order to allow electronic signatures on loans as pledged collateral.
DALLAS–Employees Credit Union here has introduced a new name.
LAWRENCE, Mass.–Two credit unions in the Commonwealth have announced plans to merge and create a near $1-billion institution.
PARSONS, Kan.–A former credit union manager has been sentenced to five years in federal prison and ordered to pay more than $10 million in restitution related to crimes committed while leading the organization.
AUSTIN, Texas–Twenty-five percent of log-ins on one credit union’s Internet banking solution came from bots, not consumers, according to a new analysis into “scrapegators,” also known as “aggregators,” which are companies that scrape Internet banking to feed data to other fintech applications.