MIDDLETOWN, Penn. and GREENSBORO, N.C.–Member credit unions of the $2.3-billion Mid-Atlantic Corporate FCU and the $1.4-billion First Carolina Corporate CU have approved the merger of the two organizations. NCUA has already approved the combination.
Fresh Today
WASHINGTON—The U.S. Court of Appeals for the Ninth Circuit has reversed a lower court decision that stated the National Credit Union Administration had been late in filing a lawsuit against two banks over mortgage-backed securities they had sold.
WASHINGTON—NAFCU, CUNA and nine other trade associations have sent a letter jointly urging the Department of Housing and Urban Development and Department of Veterans Affairs to suspend their recently revised guidance on Property Assessed Clean Energy loans, citing lending and consumer protection concerns.
MANCHESTER, U.K.—A new report indicates that capping credit card fees would save U.S. retailers $15 billion annually.
FOSTER CITY, Calif.–A semi-annual survey of bank fees on checking accounts has found maintenance fees, overdraft fees and ATM fees have all declined nationally over the past six months.
MADISON, Wis.–Twenty-eight U.S. and Canadian credit unions have committed to participate in an 18-month incubator to test five programs designed to meet the needs of underbanked minority households.
HIGHSTOWN & CRANFORD, N.J. – The New Jersey Credit Union League and New Jersey Bankers Association have collaborated on an issue that is common to the members of both organizations: interchange.
WASHINGTON–A new report seeks to evaluate the transparency of the checking account market by analyzing offers advertised on the websites of the 30 biggest banks and five largest credit unions.
GRAND RAPIDS, Mich.–CU*Answers said it is preparing to expand its business resiliency footprint by migrating its backup core processing data center from Muskegon, Mich. to Yankton, S.D.
MIDDLETOWN, Penn.–How many hot dogs can a credit union member eat in five minutes?