GREENSBORO, N.C.–Summit Credit Union said it will be absorbing via merger Corning Cable Systems Credit Union in Hickory, N.C.
Fresh Today
SAN FRANCISCO–Wells Fargo is likely to eliminate the bonuses paid to some top executives for 2016 as the result of scandals related to the bank’s sales practices.
LAS VEGAS – Mitchell, Stankovic and Associates, which earlier announced the creation of the Underground Community to drive activism and disruptive innovation within credit unions, has now announced Underground Champions that it said will “partner with us to drive dialogue and proactively put ideas into action that awaken the sleeping giants of the industry – consumers!”
WASHINGTON—NAFCU, CUNA and six other financial trade groups are urging the Federal Housing Finance Agency to engage with industry stakeholders before moving forward with new or alternative government-sponsored enterprise credit score models.
WASHINGTON—A bill to prohibit the use of guarantee fees as offsets for unrelated federal programs was reintroduced this week by Reps. Mark Sanford(R-SC) and Brad Sherman (D-CA).
MADISON, Wis.–The Filene Research Institute is piloting a new tool that seeks to address a challenge common to all credit unions: onboarding.
INDIANAPOLIS – Twenty-nine credit union members from six different Indiana credit unions began 2017 with some unexpected cash in their pockets, thanks to participating in this state’s “Save to Win” program.
INTERNATIONAL FALLS, Minn.–TruStar Federal Credit Union here said it is paying a $550,000 patronage dividend to its members.
WASHINGTON—Consumers continue to report experiencing problems with mortgage servicers, according to the latest CFPB monthly complaint snapshot.
ARLINGTON, Va.–Two state regulatory agencies have been reaccredited by the National Association of Credit Union Supervisors.