LAKE FOREST, Ill.—Few credit union members have issues with their cooperative’s overdraft (OD) services—and CUs are doing a better job than banks when it comes to ODs—according to a new analysis of the CFPB’s year-end consumer complaint data.
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WASHINGTON—CUNA has sent a letter to Congress stating its concern for the United States Postal Services providing financial services to Americans.
ARLINGTON, Va.—NAFCU has sent a letter to Senate leaders asserting that the American Bankers Association and the Independent Community Bankers of America are attacking efforts to provide regulatory relief for credit unions.
WOODBURY, Minn.—Ideal CU this month returned 11% of its 2015 earnings to members through its VIP Program, the fourth consecutive year for the payout.
HOUSTON—Two former employees of Plus4 Credit Union who are African-American have filed suit against the credit union alleging wrongful termination.
ST. PETERSBURG, Fla.–PSCU has published the results of extensive research into the financial services needs of Millennials—in a report titled “PSCU GEMagination Report.”
CARMEL, Ind.–Allied Solutions, a provider and distributor of insurance, lending, and marketing products to financial institutions, has announced a major expansion and relocation of its corporate headquarters.
ST. PAUL—More than 125 members have singed on since mid-November to an initiative launched by Affinity Plus FCU here that urges members to save money via refinancing a loan.
HOUSTON–Cheryl Vickers, a former VP at Houston Police FCU, has pleaded guilty to stealing more than $1.2-million from the credit union and now faces up to 30 years in prison.
COSTA, MESA, Calif.—A new survey shows that 60% of Americans admit holiday shopping puts a strain on their finances, and 52% are stressed about finances during the holidays.