FAIRBANKS, Alaska–MAC Federal Credit Union has named a new CEO.
Fresh Today
GRAND RAPIDS, Mich.–CU*Answers reported it has completed a new phase of an ongoing automation initiative for Ripco CU of Rhinelander, Wis., Horizon CU of Farmington, Utah, and Cumberland County FCU of Falmouth, Maine.
SAN DIEGO–The two college teams that will compete in the San Diego County Credit Union Poinsettia Bowl have been named.
WASHINGTON—The U.S. added 178,000 nonfarm jobs during November and the unemployment rate declined to a nine-year low of 4.9%, according to data released by the Labor Department last week.
WASHINGTON–Mortgage rates have moved higher for a fifth consecutive week.
SUMTER, S.C. – During a visit to SAFE Federal Credit Union here, U.S. Rep Mick Mulvaney said that with Republican control of both houses of Congress and an incoming Republican president, “we can start making some changes.”
LANSING, Mich. – The former president/CEO of Veterans Health Administration Credit Union has been sentenced to 30 months to 20 years in prison for stealing $1.9 million from a veterans’ credit union she ran.
SAN FRANCISCO—A new study suggests that banks are at risk of not having enough short-term liquidity (certificates of deposits) during the next financial crisis that would be needed to comply with the latest liquidity requirements of the FDIC.
LOS ANGELES–An employee of Pasadena FCU here has released a Christmas album.
CROSSFIELD, Alberta, Canada—The rash of vehicles crashing into CUs continues, but this time the wreck was no accident.