Fresh Today

Fresh Today

TYSONS, Va.–PenFed Credit Union has officially cut the ribbon on a new $164-million headquarters here. PenFed said the new office space will accommodate up to 500 employees and provides it with room to grow over the next 15 years as a major employer in Virginia.

CARPINTERIA, Calif.–Fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $21.84 billion last year when global card volume (purchases of goods and services combined with cash advances and withdrawals) totaled $31.310 trillion, according to new data released by The Nilson Report.

SACRAMENTO–It’s hard to miss the Golden 1 Credit Union’s name and logo at the newly opened Golden 1 Center here, home to the NBA’s Sacramento Kings.

HELENA, Mont.–Rocky Mountain Credit Union here has alerted approximately 135 of its members that some of their personal information could have been publicly accessible through its website between April 15 and June 30.

WASHINGTON–Perhaps as the result of their ability to develop strong relationships with their members, credit unions between $500 million and $1 billion in assets are outpacing national averages in share draft, member business loan, and auto loan penetration, according to second quarter analysis from Callahan & Associates.