LIVONIA, Mich.–CU Solutions Group (CUSG) said it has entered into a definitive agreement to acquire 60% of CU Wallet, LLC for a five-year, $3-million working capital loan and a $3-million exchange of CUSG stock with existing CU Wallet “Class A” shareholders.
Fresh Today
MADISON, Wis.–How can credit unions help take some of the pressure off the so-called Sandwich Generation?
McALLEN, Texas–Prior to offering a new service to members, the marketing director at one credit union decided to check its performance by driving more than 1,500 miles and using the solution along the way.
FRAMINGHAM, Mass.—Is the mobile phone boom petering out?
WELWYN GARDEN CITY, U.K.–The November data breach announced by Tesco Bank was the result of issuing sequential debit card numbers, a practice most issuers avoid, according to one new report.
BROOKFIELD, Wis.–An engaged couple here who work at two different credit unions have been arrested on charges related to a scam that allegedly stole more than $300,000, according to police.
MUSKEGO, Wis.–Corporate Central Credit Union said it is partnering with Strategic Resource Management (SRM), an independent professional services firm in the bottom line enhancement industry, to offer a new service to member credit unions called CU·Save – Revenue Enhancement Solutions.
TAMPA, Fla.–GTE Financial Credit Union here has won the Tampa Bay Business Journal’s 2016 Corporate Philanthropy Award in its category, as well as the publication’s highest honor, the Benefactor of the Year award.
FORT WORTH, Texas–American Airlines Credit Union here has found itself part of a court case over the performance of an investment fund that is part of a 401(k).
WASHINGTON–A new Congress and administration in 2017 have credit unions counting on progress on several priorities, but also concerned over any discussion that might affect the credit union tax exemption.