MUSKEGO, Wis.––Following a year-long streamlining effort, Corporate Central Credit Union is reporting that its “Team Fee-novate” has successfully eliminated over 100 member service charges, “giving member credit unions fee relief as they continue to operate in a low-interest, thin-margin market.”
Fresh Today
BATTLE CREEK, Mich.–Two Michigan credit unions have announced merger plans.
HOUSTON–Space City Credit Union here is paying its first-ever bonus refund to members.
PLEASANTON, Calif.—One forecast is calling for the rapid rise of person-to-person (P2P) payments in the United States.
GRAND RAPIDS, Mich.–To encourage use of the marketing materials for its 2017 Mobile Banking Contest, CU*Answers has announced it will hold a separate “Share & Win” contest for participating credit unions.
PURCHASE, N.Y.—Mastercard said it expects to launch its "selfie" function to verify online transactions in Singapore and parts of Asia in 2017.
ALEXANDRIA, Va.–The latest issue of The NCUA Report has been released by the agency.
WASHINGTON–CUNA has sent a letter to the House Financial Services Committee regarding the reintroduction of the Financial CHOICE Act in the new Congress that reiterates many of the points it made in pushing for the legislation in the previous Congress, but which also requests some modifications.
WASHINGTON–NAFCU said its view that “not all debt collectors are created equal” was reaffirmed after its representative attended a “debt collection event” that was hosted by the CFPB.
SAN FRANCISCO–Wells Fargo is paying a price beyond just the record fines it paid for the bogus account opening scandal that was fully revealed during 2016.