WASHINGTON–In 2014 CUNA conducted an extensive study that found the cost to credit unions of regulations is $7.2 billion annually. Now it plans to update that number.
Fresh Today
NEW YORK--Approximately three-in-10 credit cardholders (31%) have never redeemed credit card rewards, according to a new Bankrate.com report. The survey found that cardholders typically gravitate to one extreme or the other, redeeming their rewards points/miles frequently (38% did so within the past six months) or not at all.
ARLINGTON, Va.—Overall consumer prices dropped 0.3% in March on a seasonally adjusted basis.
NASHVILLE, Tenn.—Another restaurant chain has been victimized by a data breach.
MADISON, Wis.–The World Council of Credit Unions has sent a comment letter to the Financial Action Task Force (FATF) about anti-money laundering/countering the financing of terrorism (AML/CFT).
WASHINGTON–CUNA said it is encouraged by changes that have been made by House Financial Service Chairman Rep. Jeb Hensarling (R-TX) to the Financial CHOICE Act, and is hopeful those changes will help the bill to move forward toward a vote on the House floor.
MILWAUKEE, Wis.–La Macchia Group won a Bronze Award in the Retail/Showroom category in the American Society of Interior Designers Wisconsin Chapter Design Excellence Awards for its work on a branch of Financial One CU in Coon Rapids, Minn.
EDGEWOOD, Ky.–The $59-million Cove FCU has named a new CEO.
DES MOINIES, Iowa – CO-OP Financial Services Chief Product and Strategy Officer Shazia Manus was honored with the Confidence Award during the Inspiring Women of Iowa event here.
LITTLE FALLS, Minn.–A request by CUMIS Insurance Society that asked the Federal Minnesota District Court for a summary judgment on whether or not it has to cover $3 million St. Francis Campus Credit Union (SFCCU) alleges was embezzled, has been denied.