WASHINGTON–After having raised and contributed nearly $6 million as part of the just-concluded election cycle, CUNA reported that candidates its Credit Union Legislative Action Council (CULAC) backed won 96% of their races.
Fresh Today
WASHINGTON—Expect Mark McWatters to become chairman of the NCUA board early next year, as well as the creation of board to be established to oversee the CFPB.
ARLINGTON, Va.—A compliance deadline relating to home equity lines of credit is coming up “sooner than you’d like,” according to NAFCU Director of Regulatory Compliance Brandy Bruyere.
CARPINTERIA, Calif.–Credit, debit, and prepaid cards issued in the United States initiated 104.41 billion purchase transactions in 2015, up 8.0%, according to The Nilson Report.
SAGINAW, Mich.–The $22.3-million Valley State Credit Union, which was placed into conservatorship in August by this state’s regulator, is now under the control of NCUA.
HUNTSVILLE, Ala.—Redstone Federal Credit Union here reports it is replacing 30,000 plastic cards as the result of the Wendy’s breach.
MINNEAPOLIS–Kenyan-Americans here are seeking to charter their own credit union.
GREGORY, S.D.— A South Dakota woman claims in court that her entire community knows about her financial troubles because a credit union gave copies of her credit report to a class of 26 high school students.
WICHITA FALLS, Texas—The $120-million Texoma Community Credit Union has named a new CEO. Effective Jan. 2, 2017, John Buckley will succeed Wayne Mansur, who is retiring from Texoma Community after 22 years.
GRAND RAPIDS, Mich.–Xtend, Inc., announced it experienced significant year-on-year growth for its Member Reach electronic messaging business unit.