NEW YORK–A number of viral TikTok videos that went semi-viral for a short period of time, and which had some people believing they could get “free” cash from ATMs at Chase Bank, were really just the result of a glitch, and the customers involved were actually committing fraud, the nation’s biggest bank said.
Fresh Today
NEW YORK—Nearly one-third (31%) of U.S. adults doing back-to-school shopping this year will go into debt to pay for it or already have, according to Bankrate’s newest Back to School Survey.
MIDDLETOWN, Penn.–Vizo Financial Corporate CU will host a webinar today titled “DEI By Design: How to Build a Successful Program.”
WASHINGTON–New data from the Federal Trade Commission shows a massive increase in the amount of money consumers report losing to scammers involving Bitcoin ATMs.
BOSTON—The share of U.S. adults who were using credit cards or loans to make ends meet amid rising prices had risen to nearly 40% in October 2023, up from roughly 37% a year prior, according to new research, Payments Dive reported.
HOUSTON— Two Texas credit unions are merging. The $37.1-million SPCO Credit Union said it is merging into the $1.3-billion First Service Credit Union.
CHALFONT, Penn.–A man was arrested at a credit union here for allegedly attempting to fraudulently withdraw funds from a home equity line of credit.
CHARLESTON, S.C.—The $1.1-billion REV Federal Credit Union here is reaching outside its state’s borders to purchase $152-million First Neighborhood Bank, based in Spencer, W.Va.
ALEXANDRIA, Va.– NCUA said it will host a webinar for credit unions with questions about accounting practices on Sept. 26.
ONTARIO, Calif.– The California and Nevada Credit Union Leagues has named the recipients of its League Awards, Advocacy Awards, and Network Awards.