DERRY, Ireland–More than 1,000 members of Derry Credit Union here have been told they must withdraw their money because they exceed a deposit cap put in place due to sluggish loan volumes.
Fresh Today
PARCHMENT, Mich.–Advia Credit Union and the Advia Foundation are making a $100 donation to Habitat for Humanity for every new mortgage application the CU receives from April 1-June 30.
DES MOINES, Iowa–In a new white paper for credit union executives, regulatory compliance firm PolicyWorks said it explores increased examiner expectations for compliance audits and talks through what it says are several important factors for credit unions to consider as they polish their best practices.
WASHINGTON—Overregulation of small or less complex financial institutions is hurting consumers, costing them time and money and limiting their choice, CUNA wrote to a House subcommittee last week.
PALM DESERT, Calif.–Many people in Congress don’t know what they are doing, according to CUNA CEO Jim Nussle, an ex-congressman who doesn’t mean that in the typical, derogatory way.
SAN JOSE—The number of compromised debit cards surged in 2016, a new report reveals.
BASKING RIDGE, N.J.–The credit union community has a new champion when it comes to picking the NCAA men’s basketball March Madness brackets.
ORLANDO—One credit union at which credit card applications have “skyrocketed” insists CUs can effectively take on the big issuers’ rewards programs.
WASHINGTON—The Federal Open Market Committee’s minutes from March indicate it hopes to "trim its balance sheet" this year, notes NAFCU Chief Economist and Director of Research Curt Long.
ARLINGTON, Va.– Conversions of federally chartered credit unions to state charters is continuing in 2017, according to analysis by NASCUS.