NEW YORK– The delinquency rate on commercial MBS continued its ascent during October.
Fresh Today
APPLE VALLEY, Minn.–Royal Credit Union announced that its acquisition of an office of Deerwood Bank here has been completed.
BALTIMORE—MECU of Baltimore held a celebration to mark its 80th anniversary.
JACKSON, Mich.—American 1 Credit Union has paid Jackson County $4 million for the naming rights to a new convention center located at the Jackson County Fairgrounds.
ISLE OF MAN, U.K.–The Isle of Man’s first credit union is up and running, although the official launch won’t occur until 2017.
SAN FRANCISCO—An online lending start-up has raised $100 million in debt from Morgan Stanley.
CINCINNATI—How far can a company’s reputation slide following a major scandal such as the one at Wells Fargo?
WARWICK, R.I.– Greenwood Credit Union here has named a new CEO to replace Jim Irving, who is retiring after 11 years.
GRAND RAPIDS, Mich.–AuditLink, the auditing and compliance division of CU*Answers, and G2Link, a firm which helps financial institutions automate their vendor compliance monitoring, recently offered three web conferences designed to review the latest regulatory requirements, guidelines and best practices for vendor compliance management.
WASHINGTON—The Federal Financial Institutions Examination Council, of which NCUA is a member, announced the issuance of an updated Uniform Interagency Consumer Compliance Rating System.