ALEXANDRIA, Va.–At NCUA’s board meeting Thursday, chairman Rick Metsger said the quarterly report on the Corporate Stabilization Fund “marked a milestone in the recovery from the Great Recession and corporate CU crisis.”
Fresh Today
WASHINGTON—A Federal District Court has ruled that financial institutions’ lawsuit against Home Depot based on the retailer’s huge data breach in 2014 can move forward.
ATLANTA—Georgia Credit Union Affiliates and the Association of British Credit Unions Limited said they have formed a mutual learning partnership among credit unions in Georgia and Britain (England, Scotland and Wales).
MADISON, Wis.—Thirty-four credit union executives have become the latest to complete all three years of CUES’ executive education program, CEO Institute.
WASHINGTON–Just-released minutes of the Federal Reserve’s most recent meeting have increased expectations a rate hike is coming in June.
SAN FRANCISCO–LinkedIn has confirmed that a 2012 data breach was substantially larger than the company had initially indicated.
ONTARIO, Calif. — CU Direct has announced the winners of its board elections, along with winners of its annual awards and honors.
LATHRUP VILLAGE, Mich.–The $780-million Michigan First Credit Union has signed a corporate sponsorship deal to become the first “Cornerstone Partner” at the $627.5-million Little Caesars Arena under construction in Detroit.
INDIANAPOLIS–The Indiana Court of Appeals affirmed summary judgment for Interra Credit Union after its former president, Jack Sheets, was fired as the result of an executive's hotline call.
LAWRENCEVILLE, Ga.—Expect the downward pressure on used car values to continue for several years, reports Black Book, which is projecting that residuals on average three-year-old vehicles will dip from the current three-year retention of 52% in 2016 to 47.8% by 2019.