WASHINGTON—The American Bankers Association wasted little time in challenging NCUA’s new field of membership proposal, sending a letter to NCUA Wednesday before the proposal is voted on today in the agency’s open board meeting.
Fresh Today
MADISON, Wis.–Credit unions added more than 1.5 million new members during the third quarter of 2015, the fastest growth quarter in credit union history and significantly above the 808,000 added in the third quarter of 2014, according to CUNA Mutual’s latest Trends Report.
WASHINGTON–The Department of Justice is reportedly pursuing criminal charges against executives at Royal Bank of Scotland and JPMorgan Chase related to selling flawed mortgage securities.
WASHINGTON—Twenty-three different civil rights groups have signed a letter to Congress expressing their opposition to a bill that would stop the CFPB from cracking down in any way on indirect auto loans.
MADISON, Wis. – CUNA Mutual Group is launching #CUGiveBack, a holiday giving campaign to support the National Credit Union Foundation.
PORTLAND, Maine–The former manager of Portland Police FCU, a former police officer himself, has pleaded guilty to embezzling more than $400,000 from the credit union.
HONOLULU, Hawaii–University of Hawaii FCU is now offering members additional security when using its online banking service.
BIRMINGHAM, Ala.—Just as the financial services industry gets a handle on Millennials, a whole new generation of consumers is on their way: Generation Z.
AUSTIN, Texas–The upper Midwest of the U.S. as a financial services technology hub?
PORTLAND, Ore.– OnPoint Community CU said it is expanding its relationship with Raymond James Financial Services and will be offering wealth management services.