LONDON–The former CEO of one of the world’s largest banks painted a somewhat bleak future for big banks.
Fresh Today
PADUCAH, Ky.–A new survey is offering a reminder of the importance of technology in reaching new members, especially younger consumers.
ARLINGTON, Va.–NAFCU will host a webinar, “Preserving Credit Union Income: The Impact of Back-of-Card Branding to Your Bottom Line,” on Dec. 16 from 2-3 p.m. ET. The webinar is free.
NEW YORK—A Florida man has been indicted for scheming to make illicit payments to an official at a credit union that prosecutors say facilitated an illegal bitcoin exchange owned by an Israeli linked to cyberattacks on companies including JPMorgan Chase & Co.
BATON ROUGE, La.–A former teller at Dow FCU here has been sentenced to prison for fraud.
WARMINSTER, Penn.–The $673-million Freedom Credit Union has selected the EASE core processing solution from Symitar, a unit of Jack Henry & Associates.
BISMARCK, N.D.–The Credit Union Association of the Dakotas announced it will be introducing a new “Member Engagement Program” for its affiliated credit unions.
WASHINGTON–With the U.S. economy adding 211,000 jobs in November, it’s increasingly likely the Federal Reserve will raise interest rates later this month.
WASHINGTON–President Barack Obama on Friday signed into law the transportation authorization bill—better known as the Highway Bill—which includes a number of credit union-backed provisions.
LOMBARD, Ill.—Today, small business sales expectations and outlook on the economy are much rosier than they have been in recent years—a good sign for credit union lending and a possibly a leading indicator of the future direction of overall consumer sentiment, a new reports shares.