WASHINGTON–CUNA has sent letters to both the House and Senate voicing strong support for funding the Community Development Financial Institutions Fund at $248 million for Fiscal Year 2018.
Fresh Today
OTTAWA, Ill.–Bakelite Credit Union has a new name. The $12-million CU is now First Choice Credit Union.
ALBANY, N.Y.–The New York Credit Union Association and SpringFour said they are launching a partnership to provide credit union members who are struggling financially with access to local resources.
SAN DIEGO – Bank of America will pay nearly $2 million to settle a lawsuit alleging it violated a California law by failing to timely disclose its automatic recording of phone calls with members of the public.
TAMPA, Fla.–USF Federal Credit Union has launched a rewards program that returns money to members depending on overall balances in loans, savings and checking accounts.
SEATTLE—As part of an agreement with the Federal Trade Commission, Amazon has started refunding parents for unauthorized in-app purchases their children made.
SAN FRANCISCO—College students pay more than $795 million a year on bank and credit card fees, a new study shows.
GRAND RAPIDS, Mich.–Four client credit unions of CU*Answers were recognized during the Michigan CU League’s recent annual convention.
KINGSTON, Jamaica–This country’s prime minister said the credit union movement in Jamaica has now become the largest membership organization here.
LAKE FOREST, Ill.—Is free checking actually aimed more toward the wealthy?